(a) The Director of Finance shall disburse all City funds in accordance with warrants presented to him or her.
(b) The Director shall give a lawful fidelity bond to the Commonwealth, with a surety company authorized by law of the Commonwealth to act as surety, to be approved by Council, in such sum as it may by ordinance direct, conditioned on the accounting for and paying over of all moneys received by him or her in his or her capacity as Finance Director and on the safekeeping and paying over of all public moneys entrusted to his or her care. As Tax Collector for City and School District taxes, the Finance Director shall account for and pay over all moneys received by him or her as taxes, surcharges and interest.
(c) Such fidelity bond shall be purchased through the regular City Purchasing Office based on competitive quotes and approved by Council prior to the first day of the year the Director is sworn into office.
(d) The Director shall furnish insurance protection with an insurance company authorized by the State, to be approved by Council, in an amount set by ordinance of Council, against the loss of funds through fire, burglary, larceny, theft, robbery or forgery.
(e) The Director, in order to perform the duties assigned by law to him or her, shall hire such personnel as he or she deems necessary, subject to budgetary allowances provided for by Council. Such personnel shall be subject to the general personnel policies of the City.
(Ord. 4667. Passed 7-13-94.)