(a) The Director of Finance is hereby authorized to periodically review the list of accounts receivable in the City records, such periodic review to be not less than annually, and at such other times which are within the Director of Finance's normal discretion, for the purpose of determining if any are uncollectible. Ability to collect shall be determined by the age of the debt, the attempts previously used to collect said debt, and the necessity and type of possible court action taken or to be taken for collection.
(b) Upon the review of said accounts and the compilation of a list of accounts deemed uncollectible, the Director of Finance shall send to the Director of Law the list and information collected. The Director of Law shall then review that list to determine whether collection attempts would be legally futile, with particular attention to the Ohio Revised Code's statute of limitations.
(c) Upon the signature of both the Director of Finance and Director of Law, the Director of Finance is then permitted to write off such accounts as bad debts.
(Ord. 94-97. Passed 12-19-94.)