The Treasurer shall be required to give a bond for the faithful
performance of the duties of Treasurer in the sum of $50,000.00. The
premium for this bond shall be a proper charge against City funds.
(Ord. 759 § 2, 1988)
The City's Administrative Services Director shall be responsible
for performing the duties of the City Treasurer, including, but not
limited to: planning and execution of all investing, revenue receipts
processing and collections; developing and implementing internal controls
and investment policies to maintain the safety of the City's cash
assets; monitoring cash flow and liquidity; issuance of municipal
bonds; adhering to SEC annual and continuing disclosure requirements;
the financial and accounting duties imposed upon the City Clerk by
state law, and such additional duties of the City Treasurer as required
by state law.
(Ord. 2012-1133 § 1)
