(a) Each employee of the City by completing, signing and filing with the Director of Finance a written request and authorization, prepared by or satisfactory to the Director, specifying tile amount of the deduction in each payroll period, for subsequent deposit in savings in share accounts in a chartered credit union shall be entitled to have such specified amount deducted from such employee's salary or wages for each payroll period for which such request and authorization shall be in effect on the last day of such payroll period.
(b) The Director of Finance shall prepare and make available to the employees of the City an appropriate written request and authorization form upon which such request and authorization may be made, and upon the completion of such forms, the signing of the same by such employee and the filing of the same with the Director, the Director shall make the deduction authorized in subsection (a) hereof. (Res. 7-76. Passed 5-3-76.)
(c) The Director of Finance, at periodic intervals not less frequently than once monthly, shall to the extent of the amount so deducted from each employee's salary or wages, issue a warrant or warrants therefore to any financial institution for deposit therein an account to the credit of the City employee from whose salary or wages the same had been deducted.
(Ord. 10-2013. Passed 1-22-13.)
(d) Such written request and authorization so filed by a City employee with the Director of Finance may be revoked by such employee for any payroll period that has not ended by signing and filing a written revocation thereof prepared by or satisfactory to the Director and no deduction from such employee's wages or salary shall be made from any such payroll period and thereafter, unless such employee has, subsequent to the filing of such revocation, completed, signed and filed another written request and authorization, pursuant to subsection (a) hereof. (Res. 7-76. Passed 5-3-76.)