(A) Automatic clearing house (ACH) transactions. ACH transactions are hereby authorized for the Clerk-Treasurer to make certain payments via ACH. Authorized payments are payroll, bond payments, and payments for monthly bills. Also authorized are any funds received via ACH.
(B) Electronic funds transfers (EFT) including online transfers. EFT transactions are hereby authorized for the Clerk-Treasurer to make certain transfers via EFT. Authorized transfers include all city funds and accounts.
(C) Documentation. The Clerk-Treasurer is required to maintain adequate documentation of the above-referenced transactions for future audits, as provided by law.
(D) Effective date. This section shall be in full force retroactively from January 1, 2020, until revoked or amended by the Common Council.
(Ord. 2021-001-C, passed 3-1-2021)