a. The following policies and procedures are hereby established for authorized financial instruments for payment by and to the Town and its utilities, with these policies and procedures superseding all other existing and contravening terms and provisions. Further, all contrary terms and provisions in any Town Ordinances or Town Code Provisions, or portions thereof, in conflict herewith, are hereby repealed and deleted from the Town Code.
b. Payments may be made by or to the Town or its utilities for any lawful purpose by any of the following financial instruments that the Town Council or Board of the municipally-owned utility does not prohibit for use, namely:
1. Cash;
2. Check;
3. Bank draft;
4. Money order;
5. Bank card or credit card;
6. Electronic funds transfer;
7. Wire funds or automated clearing house (ACH); and
8. Any other financial instrument authorized by the Town Council, as Fiscal Body.
c. Payments made by cash, as authorized in subsection b. hereinabove, shall be limited to payments made from a petty cash fund as authorized in the Code of Schererville Ordinances, subject to applicable Indiana Law and regulations of the Indiana State Board of Accounts. (Ord. No. 1965, §§ 1, 2, 4-14-21)