123.04 PAYING BILLS ONLY WITHIN 15 DAYS OF THEIR DUE DATE.
   (a)   The City establishes a policy of paying all bills within 15 days of their due date, and not before such a time. For purposes of this section, due date is defined as the latest date on which a bill can be paid before any penalty or interest would be incurred. The purpose of this section is to help the City better manage its cash flow.
 
   (b)   If the Auditor or another department manager or head deems it necessary to pay a bill prior to the due date, then they may petition counsel to do so and such bill will be paid earlier than the required time only upon the affirmative vote of Council.
(Ord. 2015-11. Passed 4-1-15.)