All receipts received by the Sylvania Sister City Commission shall be deposited daily within twenty-four hours after the customary closing time for daily operation in a financial institution which is a designated depository of City funds during banking hours or in a night depository therefore in such account or accounts as may be specified from time to time by the Commission. A monthly statement of all deposits in each such account shall be furnished to the Director of Finance together with a copy of all bank records reconciled with the commissioners’ record relative to such account.
(Ord. 83-2016. Passed 4-17-17.)