[Adopted by Ord. No. 1308 as Ch. 3.04 of the 1998 Code]
The Committee shall provide by ordinance for
the organization and administration of central personnel and central
purchasing functions serving all Township departments.
All purchases made and contracts awarded for
any supplies, materials or equipment or contractual services shall
be pursuant to a written requisition from the head of the department
whose appropriation will be charged and the certification of the department
head or Chief Financial Officer that a sufficient unencumbered balance
of appropriation is available to pay therefor. All such contracts
shall conform to applicable requirements of state statutes for competitive
bidding.
[Adopted by Ord. No. 1308 as Ch. 3.08 of the 1998 Code]
As used in this article, the following terms
shall have the meanings indicated:
CASH MANAGEMENT PLAN
The plan established by ordinance adopted by the Township
Committee of the Township of Montville.
FISCAL YEAR
The twelve-month period ending December 31.
At least once each fiscal year at its organization
meeting, the Committee shall, by resolution, designate the depositories
for the Township of Montville in accordance with N.J.S.A. 40A:5-14.
The Cash Management Plan shall be subject to
the annual audit conducted pursuant to N.J.S.A. 40A:5-4.
The Committee, at its organization meeting,
shall pass a resolution designating the Township official(s) who shall
make and be responsible for municipal deposits and investments.
The Chief Financial Officer shall invest at
his/her discretion in any investment instruments as approved by the
State of New Jersey, Department of Community Affairs, Division of
Local Government Services and in accordance with N.J.S.A. 40A:5-15.1.