(A) Automatic clearing house (ACH) Transactions. ACH transactions are hereby authorized for the Clerk-Treasurer to make certain payment via ACH. Authorized payments are bond payments, payments for monthly bills, and other expenses incurred for the day-to-day operation and conduct of the affairs of the city.
(B) Electronic funds transfers (EFT) including online transfers. The City Council of Columbia City authorizes the use of online transfers for the purpose of transferring funds between city accounts for the purpose of processing claims and invoices.
(C) Documentation. The Clerk-Treasurer is required to maintain adequate documentation of the above-referenced transactions for future audits, as provided by law.
(Ord. 2022-34, passed 12-13-2022)