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The Commissioner of Accounts shall maintain an account known as the Scrip Depository Account, in which he or she shall enter all transactions relating to the receipt and disbursement of tax anticipation notes, commonly called scrip. The City Treasurer, upon proper receiving warrants of the Commissioner, shall receive all tax anticipation notes which may come into the possession of the City from whatever sources. He or she shall safely maintain the same in his or her custody and control and make disbursements thereof only upon proper warrants of the Commissioner.
(Ord. No. 102490. Passed 4-8-35)
The salaries of all City officials and employees, the payrolls of all public boards, corporations or authorities, the public money of which is deposited by the Treasurer, pursuant to the terms of this chapter or the laws of this State, may be paid in cash. To provide money for such payment the Commissioner of Accounts shall issue his or her warrant authorizing the issuance of checks upon the depositary for such amount stated in the warrant, as shall be sufficient to meet such demands. All other warrants shall be drawn in favor of the persons to whom the amounts specified therein respectively are due, or in favor of their assigns.
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