(A) Authorization of issuance and use of credit card. The Town Council hereby authorizes the Clerk-Treasurer and Superintendent to obtain and utilize a credit card in the name of Town of Darmstadt, Indiana, subject to the uses, spending limits and other criteria described below.
(B) Persons responsible for credit card. The Clerk-Treasurer shall be the person responsible for the credit card and shall govern the issuance and use of the credit card to other officials and employees of the town.
(C) Spending limit of the credit card. The credit card may have a credit line not greater than an amount as set by the Town Council from time to time.
(D) Purposes for which credit card may be used. The credit card described in division (A) above may be used for any town purpose.
(E) Accounting system. As the persons responsible for the credit card, the Clerk-Treasurer and Town Superintendent shall review all charges and maintain all receipts for purchases. The Clerk-Treasurer shall attach receipts to the accounts payable voucher.
(F) Interest. Any interest or penalty incurred due to the late filing or furnishing of documentation shall be documented on the credit card statement.
(G) Annual fee. An annual fee for the credit is not authorized. If authorized, a maximum annual fee of an amount as set by the Town Council from time to time is authorized.
(Ord. 2002-1, passed 3-12-2002; Ord. 2019-1, passed 3-12-2019)