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208.10 CONFLICTS OF INTEREST.
   No officer of the City shall be directly or indirectly interested in any contract, work or business of the City; in the sale of any article, the expense, price or consideration of which is paid from the treasury; or in the sale of any other property belonging to the City, or which shall be sold for taxes or assessments or by virtue of any legal process at the suit of the City.
(1942 Code Chap. XVI, Sec. 14)
208.11 CONTRACTOR'S BONDS.
   No contractor entering into a contract with the City, of any kind or character pertaining to any public improvement or work, shall be allowed to proceed with such improvement or work until he or she has first given a bond in double the amount of the contract price, to be approved by Council.
(1942 Code Chap. XVI, Sec. 15)
208.12 SURETY BONDS.
   If any bond, obligation or guarantee is, by law or by Charter, ordinance, rule or regulation of the City, required to be made or filed with sureties, such bond, obligation or guarantee may be executed by a surety company qualified as provided by law.
(1942 Code Chap. XVI, Sec. 16)
208.13 AUTHORIZATION TO ENTER INTO CONTRACTS.
   (a)   The department heads, and their authorized agents, are hereby authorized to enter into contracts for the purchase of supplies necessary for their respective departments up to fifteen hundred dollars ($1,500.00) and, with the approval of the Mayor, up to five thousand dollars ($5,000.00).
   (b)   All contracts for any work or public improvement must be approved by the City Council, signed by the Mayor and attested to by the City Clerk.
   (c)   The Mayor is authorized to enter into all remaining contracts, other than those required to be approved by the City Council, up to five thousand dollars ($5,000.00) so long as the contract is signed by the Mayor and attested to by the City Clerk or co-signed by the department head of the respective department.
   (d)   All remaining contracts must be submitted to the City Council for approval.
   (e)   In case of an emergency, the Mayor, in his or her discretion, may enter into a contract, which contract must then be submitted to the City Council for ratification.
(Ord. 2022-10-2. Passed 10-26-22.)
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