The border vidette., 1926-08-07

the Mayor City shall issue city warrant
ent thereof provided however that the City Treasurer shall
Until otherwise provided by city ordinance have revolving
petty cash fund the amount of three thousand dollars
$3 OOOOO which he shall pay for petty ncidentas
tomary ordinary running of the city and the
Of non-saaried city employees and monthly for the
purpose of reimbusng such petty he
approval payment in the other de-
mand demand for the total amount of his expenditures from
such fund.- accompanied by receipts and vouchers
all payments made by him therefrom.
shall be unlawful for officer agent employee OF
the city to purchase materials supplies employ
labor SERVICE the of which with the aggregate the
of materials supplies labor services heretofore
purchased employed during the current year. shall exceed
the amount budgeed for such purpose for that
No demand shall be approved unless there shall then be
money the appropriate fund in the treasury sufficient to
Any warrant issued violation of this paragraph any
demand allowed contrary to its provisions shall be invalid and
co. The Mayor and Board of Aldermen shall annually
made and Of the city by
competent public accountant not connected with the admin
stration of city affairs.
City Nogales shall time become indebted
amount amounts other than specified in Paragraph
92 The Board of Aldermen shall from time time pre-
scribe by resolution the time and in which Off
employee of the city collecting receiving
belonging for the of the city shall settle for the
with the City Treasurer
93 Except as hereinafter provided the Mayor and Board
Aldermen may the city to be deposited in
bank banks of the city sufficient security being given
the cy therefor bv said bank or banks be by the
Mayor and Board of Adermen provided however that
city shall be deposited in with banking in
ution unless interest is paid the deposited at
rate of not less than two cent daily
balances of such deposits, to be computed monthly.
At such time any funds collected in connection
with which certain portion subject to be set aside and used
for sinking fund for the retirement of existing bonds and in
thereon other purpose such sinking funds shall
be actually set aside collected and the shall be kept
apart separate from other city funds and deposited
banks Santa Cruz County to be selected by the
Mayor and Board of Aldermen Only such funds shall be
posted by good sufficient surety bond Of
responsible surety authorized do business
ment the State Of Arizona of county in Arizona
proved by the Mayor and Board of Aldermen and the de-
posoy repositories of such funds shall interest there
follows:
On moneys deposit months and and less than
months at the rate of not less than three cent
annu moneys deposit for six co. months and
the of not less than four cent the interest
each being calculated daily balances and credited
monthly.
The City Treasurer shall furnish good and sufficient
bond to the City of Nogales the premium which shall be
paid by the CITY, conditioned that such sinking shall
other than that for which they
aside though the Mayor and Board OF should
withdrawal such funds for anything other thar
such purpose amount great the accrued sinking
funds provided however that should the amount of such
sinking fund exceed fifteen thousand dollars S15OOOOO)
surety bond of fifteen thousand dollars ($1500OO0) will
suffice.
In the event that it should be impossible to deposit said
sinking funds herenbeore provided by of the
ability refusal of all of the banks Santa Cruz County
furnish the security herenbefore provided to interest
thereon herebeore provided the Mayor and Board of AL
dermen shall invest such sinking funds registered securities
of the United States of America which shall be placed in the
custody Of the City Treasurer.
e5 Whenever the Mayor and Board of Aldermen shall
without authority of law violation of the provisions
this Charter order paid out OF the city
salary fees for other such Mayor and BoarC
c Aldermen and the party parties in whose favor such
Ger shall have been made shall be responsible for all such
Of and twenty cent additional thereon to be recov
cred follows:
The City Attorney of said City of Nogaes hereby
and hereby his duty institute suit in the
of the city against such Mayor and Board of Aldermen
and others any number of them to enon the payment
such Cor in the shall have been paid then
the same) with twenty lawful interes
and costs which shall be paid into the City Treasury to thu
credit of the fund from which the order of allowance made
the
est and costs as in other
90. The Mayor and Board of Aldermen shall have NJ
power to dsmss compromise way control any sui
instituted under the provisions of the preceding paragraph
and bond shall be required of the city in such action