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As authorized by Tex. Local Gov’t Code § 252.021, the provisions of Tex. Local Gov’t Code §§ 252.001 et seq., relating to competitive bidding for contracts, and Tex. Gov’t Code §§ 2253.001 et seq., relating to the furnishing of surety bonds by contractors, are hereby adopted in their entirety.
(1998 Code, § 2-141)
The current purchasing policy of the city, as adopted by the City Commission, is hereby adopted in its entirety, and made a part of this section by reference. A copy of the purchasing policy shall be kept on file by the City Secretary and Purchasing Coordinator.
(1998 Code, § 2-181) (Ord. 96-20, passed 6-19-1996; Ord. 03-55, passed 12-17-2003; Ord. 07-29, passed 8-15-2007; Ord. 11-43, passed 12-7-2011; Ord. 19-09, passed 4-17-2019)
CITY DEPOSITORY
Specifications for the appointment of a city depository shall be prepared by the City Secretary and approved by the City Commission. Competitive bidding requirements shall include among others the amount or rate of interest the applicant is willing to pay on the various types of deposits used by the city. These specifications shall be made available to all interested parties. The City Commission shall have the unqualified right, at its discretion, to reject any and all bids or to award the appointment to the bidder it shall deem to be in the best interest of the city.
(1998 Code, § 2-162)
During the two-month period prior to the commencement of the appointment of a city depository, the City Commission shall take sealed bids from those banking corporations or others qualified, having their principal place of business in the city and desiring to be selected as city depository. Notice of the time, date and place of the opening of bids shall be published one time in the official newspaper of the city not less than one and not more than four weeks in advance of the opening.
(1998 Code, § 2-163)
The successful firm selected as the city depository shall be required to pledge securities with the City Commission for the purpose of securing city funds in an amount equal to the amount of the city funds on deposit with it. Securities of the following kind shall be acceptable: United States bonds, certificates of indebtedness of the United States, treasury notes of the United States and other evidence of indebtedness of the United States which are guaranteed as to both principal and interest by the United States government, bonds of the state or of any county, independent school district, common school district or other school districts in the state, notes or bonds issued by mortgagees insured and debentures issued by the Federal Housing Administrator of the United States government, and bonds issued by municipal corporations of the state. Securities so pledged shall be approved as to kind and value by the City Commission. When the securities so pledged shall be in excess of the amount required under the provisions of this section, the City Commission shall permit the release of such excess. The right of substitution of securities shall be granted to the depository; providing, the securities substituted meet the requirements of this subchapter and are approved by the City Commission.
(1998 Code, § 2-164)
PAYMENT OF FEES AND OTHER COSTS BY CREDIT CARD OR ELECTRONIC MEANS
For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
CREDIT CARD. A card, plate or similar device used to make purchases on credit or to borrow money.
PAYMENT BY ELECTRONIC MEANS. Payment by telephone or computer, but does not include payment in person or by mail.
(1998 Code, § 2-185) (Ord. 99-38, passed 7-21-1999)
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