Upon notification by a bank, owner or duly assigned trust officer that any bond or interest coupon issued by the city is due and payable, the city treasurer shall verify the amount then due and notify the finance department for the drawing of a warrant in the proper amount. Signatures for the warrant shall be as prescribed in Section
2.44.030 of this chapter. After signatures, the warrant shall be delivered to the city treasurer who shall pick up such bond or interest coupons and deliver such warrant to the proper party. The city treasurer shall stamp such bonds or coupons “cancelled” and void such bonds or coupons by perforating the face of the coupons or bonds. The cancelled bonds or coupons shall then be placed in a permanent record file in which all cancelled bonds and coupons are kept by the city treasurer.
(Prior code § 2.5)
All warrants and checks drawn upon the treasury of the city
shall be drawn by the finance department and signed, either manually
or mechanically, by the city finance director and the city manager.
In the absence of either the city manager or the city finance director,
warrants or checks may be signed by either the city manager, city
clerk or the city finance director.
(Prior code § 2.7; Ord. 1301 § 6, 1975)
After such warrants are signed, they shall be delivered to the
city treasurer who shall ascertain that sufficient funds are available
for payment and shall then certify such warrants for payment. Immediately
upon such certification, the city treasurer shall deliver all warrants
to the payees named therein. A complete listing of all warrants drawn
during the month shall be presented to the city council on or before
the fifteenth day of the following month by the city treasurer.
(Prior code § 2.8)