(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 funds received via ACH.
(B) Electronic funds transfers (EFT) including online transfers. The City Council of the City of Charlestown authorizes the Clerk Treasurer use of online transfers for the purpose of transferring funds to the account payable checking account from the general, wastewater, sanitation, wire transfers, direct deposits, on-line banking transactions, telephone transfers, and credit card checking accounts in the process of paying claims/invoices that are in the best interests of the City of Charlestown.
(C) Documentation. The Clerk Treasurer is required to maintain adequate documentation of the above referenced transactions for future audits, and follow the existing internal controls ordinance that is place with regard to the Clerk Treasurer and her agents in the administration of their financial duties for the City of Charlestown, as provided by law.
(Ord. 2022-OR-14, passed 8-1-2022)