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6-3.2   Divisions of Department; Appointment of Assistant Collector-Treasurers.
   There shall be in the Treasury Department a Treasury Division and a Collecting Division; and the Collector-Treasurer shall, with the written approval of the Mayor in each instance, appoint for each Division a First Assistant Collector-Treasurer and a Second Assistant Collector-Treasurer, each of whom shall be sworn to the faithful performance of his or her duties. The First Assistant Collector-Treasurer for each Division, and in the event of his or her absence or disability or of vacancy in his or her Office the Second Assistant Collector-Treasurer for such Division, shall have charge under the Collector-Treasurer of such Division. Each of said Assistant Collector-Treasurers shall perform under the direction of the Collector-Treasurer such other duties as shall, from time to time, be assigned to him or her by the Collector-Treasurer, and may, at such times as he or she shall have been so authorized by written designation signed by the Collector-Treasurer, approved by the Mayor and filed with the City Clerk and such authorization shall not have been revoked in like manner, exercise the powers and perform the duties of Collector-Treasurer in relation to such matters as may be specified in such designation; provided that a Second Assistant Collector-Treasurer may be authorized to exercise all the powers and perform all the duties of the Collector-Treasurer only when there is absence or disability or vacancy in Office in the case of the Collector-Treasurer, the First Assistant Collector-Treasurer for the Treasury Division and the First Assistant Collector-Treasurer for the Collecting Division.
(Ord. 1954 c. 6 § 1; Rev. Ord. 1961 c. 25 § 2; CBC 1975 Ord. T6 § 151; CBC 1985 6-3.2)
6-3.3   Appointment of Deputy-Collectors.
   The Collector-Treasurer may appoint such Deputy Collectors (including a Chief Deputy Collector) as the service may be found to require, who shall have like power as the Collector-Treasurer to receive any tax, assessment, account, debt or claim payable to the city or county and to serve any bill, demand, notice or other paper of the Collector-Treasurer and make affidavit of the manner of such service, and, in addition thereto, shall have power to give notice of, serve and execute any warrant committed to him or her by the Collector-Treasurer under M.G.L. Chapter 60, Section 34, and in the service and execution thereof shall have all the powers and duties of a Collector of Taxes.
(Rev. Ord. 1961 c. 25 § 3; CBC 1975 Ord. T6 § 152; CBC 1985 6-3.3)
Cross-reference:
   M.G.L. Chapter 60, Section 34
6-3.4   Bonds of Subordinates.
   The Collector-Treasurer shall require from each of his or her subordinates, before each enters upon the duties of his or her Office or position and annually thereafter and at such other times as the Collector- Treasurer shall determine, for the faithful discharge of his or her duties and trusts and the safe custody and lawful disposition of all money and other property belonging to the city or county which may come into his or her possession, a bond running to the Collector-Treasurer with a surety company authorized to transact business in the commonwealth as surety in the penal sum, in the case of an Assistant Collector-Treasurer, of $200,000, and in the case of every other permanent employee, of not less than $5,000 nor more than $50,000 as the Collector-Treasurer shall in each case prescribe.
(Rev. Ord. 1961 c. 25 § 4; CBC 1975 Ord. T6 § 153; CBC 1985 6-3.4)
Cross-reference:
   Ord. ss 5-5.6
6-3.5   Collection of Accounts by Collector-Treasurer.
   The Collector-Treasurer shall collect and receive all taxes and assessments payable to the city or county, whether committed to him or her or outstanding at the time of his or her appointment. He or she shall also collect and receive all accounts, debts and claims payable to the city or county, and in the collection thereof shall have all the remedies provided by M.G.L. Chapter 60, Sections 35, 36 and 93. He or she shall further collect and receive, except where other provision is made, all other money to be paid to, or for the use of, the city or the county. He or she shall have custody of all leases from the city. He or she shall, whenever a water rate is paid, immediately notify the Commissioner of Public Works of such payment.
(Ord. 1941 c. 6; Rev. Ord. 1961 c. 25 § 5; CBC 1975 Ord. T6 § 154; CBC 1985 6-3.5)
Cross-reference:
   Ord. ss 11-6.6; Statutes, Title 11 §§ 150, 172, 177
6-3.6   Custody and Deposit of Funds; Signing Bonds; Treasurer of Sinking Fund Commissioners.
   The Collector-Treasurer shall receive, receipt for and have the care, and custody of, the current funds of the city from the time the same shall come into his or her possession, and also of all money, property and securities which may come into his or her possession by virtue of any statute or ordinance, or as a gift, devise, bequest or deposit; may deposit any portion of such current funds in such savings banks or trust companies organized under the laws of the commonwealth and doing business in the city or such national banks doing business in the city or such national bank or trust company in the City of New York, and on such conditions and rates of interest, as he or she shall deem best, subject to the approval of the Mayor; provided, however, that no such deposit shall be made except in conformity with law; shall, with the Mayor and the City Auditor, sign all bonds and certificates of indebtedness issued by the city; shall preserve all bids for loans, and papers relating thereto; and shall, if elected, serve as Treasurer of the Board of Commissioners of Sinking Funds. If the Collector-Treasurer is elected Treasurer of said Board, his or her bond as Collector-Treasurer shall apply to and include his or her duties as Treasurer of said Board. The Collector-Treasurer shall not be eligible for appointment to said Board.
(Rev. Ord. 1961 c. 25 s. 6; CBC 1975 Ord. T6 § 155; Ord. 1990 c. 3; CBC 1985 6-3.6)
Cross-reference:
   Ord. ss 6-1.1; Ord. ss 6-1.2
6-3.7   Prohibiting Certain Local Investments.
   (A)   No public funds under the care and custody of the Collector-Treasurer of the city, as specified in Subsection 6-3.11, shall be invested or remain invested in the stocks, securities or other obligations of any company which derives more than 15% of its revenue from the sale of tobacco products.
   (B)   (1)   No public funds under the care and custody of the Collector-Treasurer of the city, as specified in Subsection 6-3.11, shall be invested or remain invested in the stocks, securities or other obligations of any company which derives more than 15% of its revenue from the combustion, distribution, extraction, manufacture or sale of fossil fuels, which shall include coal, oil and gas or fossil fuel products. The Collector-Treasurer of the city shall divest public funds under their care from investments related to fossil fuels no later than December 31, 2025.
      (2)   An electric distribution company with corporate affiliates that combust, distribute, extract, manufacture or sell fossil fuels may be considered a fossil fuel investment for definition purposes.
   (C)   No public funds under the care and custody of the Collector-Treasurer of the city, as specified in Subsection 6-3.11, shall be invested or remain invested in the stocks, securities or other obligations of any company which derives more than 15% of its revenue from the operation, maintenance, servicing or supply of carceral facilities.
   (D)   Any proceeds of the sales required under this Subsection shall be invested as much as reasonably possible in institutions or companies which invest or conduct business or operations in the city or the commonwealth so long as such use is consistent with sound investment policy.
(CBC 1985 6-3.7; Ord. 1997 c. 3; Ord. 2021 c. 15 § 1)
Editor’s note:
   Former Subsection 6-3.7, Divesting Municipal/Public Monies Dealing with South Africa, previously codified herein and containing portions of Ordinance Nos. 1984 c. 19 and 1991 c. 6 was repealed in its entirety by Ordinance No. 1994 c. 4.
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