A. Warrants:
1. Definition: "Warrants" are authorizations to the village treasurer to disburse village funds. (2013 Code § 1-9-4)
2. Signatures Required; Contents: No funds shall be disbursed unless the treasurer first receives a warrant signed by the village president or one of the finance trustees elected pursuant to section 1-6-7-1 of this code and countersigned by the village clerk or the deputy village clerk, unless there is a vacancy in both, as having been approved by the board of trustees, excluding petty cash and payroll. Each warrant shall state the particular fund or appropriation to which the same is chargeable and the person to whom payable. (Ord. O-14-21, 11-18-2014)
B. Checks: All checks, excluding payroll and the disbursement of petty cash, shall require the signature of any two (2) of the following: village president, village administrator, unless the village administrator is then the acting treasurer, and one of the finance trustees elected pursuant to section 1-6-7-1 of this code; provided, however, that no such village official shall be an authorized signatory on any account who is an employee or member of the board of directors of the bank on which the check is drawn, and no village official shall be an authorized signatory on any check reimbursing oneself. (Ord. O-15-15, 9-15-2015)