133.01 Merger of offices.
133.02 Investment of municipal funds.
133.03 Credit card policy.
133.04 Assistant Fiscal Officer.
133.05 Village Audit Committee.
CROSS REFERENCES
Uniform Bond Law - see Ohio R.C. Ch. 133
Uniform Depository Act - see Ohio R.C. Ch. 135
Auditing accounts - see Ohio R.C. 733.12 et seq.
Election and term - see Ohio R.C. 733.26
Merger of offices of Clerk and Treasurer - see Ohio R.C. 733.261
Powers and duties - see Ohio R.C. 733.27
Books and accounts - see Ohio R.C. 733.28
Appropriation and expenditures - see Ohio R.C. 5705.41
(a) In accordance with Ohio R.C. 733.262, there is hereby created a Village Fiscal Officer who shall perform the duties provided by law for the Village Clerk and Treasurer and any other duties consistent with the nature of the office that are provided for by municipal ordinance subject to the general laws of the State of Ohio.
(b) The Village Fiscal Officer shall be appointed by the Mayor of the Village, but that appointment shall not become effective until it is approved by a majority vote of Council.
(c) The Village Fiscal Officer need not be an elector of the Village or reside in the Village at the time of appointment; however, the Fiscal Officer shall become a resident of the Village within six months after the appointment takes effect, unless an ordinance is passed approving the Fiscal Officer’s residence outside of the Village.
(d) The Village Fiscal Officer may be removed without cause either by the Mayor with the consent of a majority of the members of Council or by a three-fourths vote of Council with or without the consent of the Mayor.
(Ord. 682. Passed 6-6-07.)
(a) Such moneys which will not be required to be used by the Village shall, shall be in lieu of deposited in a bank, invested in the obligations of such municipal Corporation, in bonds or other obligations of the United States or those for the payment of principal and interest of which the faith of the United States is pledged, bonds issued by the State of Ohio and of any municipal Corporation, Village, County, Township, or other political subdivision of this State, as to which there is no default of principal, interest, or coupons.
(b) Such investments shall not be made at a price in excess of the current value of such bonds or other interest bearing obligations. Such bonds or other interest bearing obligations may be sold for cash and for a sum of not less than the current market price in the manner prescribed in Ohio R.C. 731.56 through 731.59 inclusive.
(c) Such investments shall be made and administered in accordance with the provisions of Ohio R.C. 731.56 through 731.59.
(d) The Treasury Investment Board provided for in Ohio R.C. 731.57 shall consist of the Mayor, the Village Council and the Fiscal Officer.
(1) The Fiscal Officer shall maintain an account to be known as the “Treasury Investment Account” in which the Fiscal Officer shall enter all transactions relating to the investment of treasury funds under Ohio R.C. 731.56 and 731.57 and shall maintain such record in accordance with Ohio R.C. 731.58.
(2) All moneys received as interest from the investment of these funds shall be deposited by the Fiscal Officer in the General Fund of the Village.
(Ord. 171. Passed 9-13-67.)
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