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Section 1.   Appropriation Ordinance.
   The Mayor shall furnish to the Council an ordinance making appropriations for the expenditures of the Municipality during the current year. The Council shall adopt such ordinance in its original form or with such revisions as it may deem proper within ninety (90) days after the receipt of a Certificate of Estimated Income for the fiscal year from the County Auditor or the Budget Commission. The Council may amend or supplement said appropriation ordinance after its passage. Council may make one (1) or more preliminary appropriations for current expenses until the annual appropriation ordinance is in effect.
Section 2.   Transfers and Balances.
   The Council may transfer any part of an unencumbered balance of an appropriation of any fund allowed by law to any purpose or object for which the appropriation for the current year has proven insufficient, except that no transfer shall be made of monies raised or appropriated for the payment of any bond or note of the Municipality unless all indebtedness, interest and other obligations which must lawfully be paid from such monies have been paid.
Section 3.   Payment of Claims.
   No money shall be drawn from the Treasury, nor shall an obligation for expenditure be incurred, except in accordance with appropriations made by Council. Claims shall be approved in writing by the head or acting head of the department for which the obligation was incurred. The Council may, by ordinance, provide for additional regulations or controls with respect to the payment of claims.
Section 4.   Custody and Deposit of Funds.
   The Council shall, by ordinance, provide for the custody of all funds of the Municipality and for the deposit of funds in a bank or banks. All funds received on behalf of the Municipality by any officer, employee or agent thereof shall be promptly paid over to the Director of Finance, who shall cause them to be promptly placed in a depository bank, but the Council may authorize such sums, as it deems proper, to be in cash for the daily operation of any department or office. The Director of Finance, with the concurrence of the majority of the members of Council eligible to vote, shall invest monies of the Municipality in bonds or notes of this Municipality, or make any other investment permitted by law, in such manner as is now or hereafter authorized by the general law of the State of Ohio for such investment by municipalities.
(Amended 11-3-81; 11-7-95)
Section 5.   Public Bidding.
   Council may not authorize expenditures of the funds of the Municipality, without public bidding pursuant to contract with the lowest and best bidder after public advertising and receipt of bids in the manner provided by ordinance, subject to limitations therein provided by the Constitution and laws of the State of Ohio, except for (1) such amounts as are set forth in the Ohio Revised Code as exceptions to the requirement of public bidding by municipalities, (2) for the acquisition of real estate, (3) for the discharge of noncontractual claims against the Municipality, (4) for personal services, (5) for the joint use of facilities or exercise of powers with other political subdivisions, or (6) for the product or services of public utilities including those Municipally operated.
   Municipal property no longer needed for Municipal purposes and having a value of ten thousand dollars ($10,000) or less may be sold or disposed of in such manner as Council deems appropriate, without the necessity of public bidding, following a majority vote by Council on legislation listing the property to be sold or disposed of. No other disposal of Municipal property having a value greater than ten thousand dollars ($10,000) shall be made, except pursuant to contract with the highest and best bidder after public advertising and receipt of bids in the manner provided by ordinance, subject to limitations therein provided by the Constitution and laws of the State of Ohio.
(Amended 11-4-86; 11-5-91; 11-7-95; 11-6-07)
Section 6.   Public Improvements.
   Public improvements of all kinds may be made by the appropriate department, either by the direct employment of the necessary labor and purchase of supplies and materials, with a separate account as to each improvement so made, or by contract let as provided in the preceding section, either for a closed price or upon a unit basis.
Section 7.   Limitation on Rate of Taxation.
   The taxing authority of this Municipality shall be in all respects subject to the limitation therein provided by the Constitution and laws of the State of Ohio and nothing contained in this Charter shall be construed to authorize a levy of any taxes by this Municipality in excess of said limitations without the vote of the people.
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