CHAPTER 8
MUNICIPAL FINANCES

SECTION:

1-8-1: Deeds And Contracts

1-8-2: Purchases

1-8-3: Claims

1-8-4: General Fund

1-8-5: Property Tax Exemptions

1-8-6: Electronic Records And Signatures

1-8-1: DEEDS AND CONTRACTS:

   A.   Execution Of Deeds Conveying City Property: All deeds and releases for the conveyance of any real estate belonging to the city shall be made in the name of the city, as party of the first part, and shall be executed by the mayor and the city clerk in their official capacity, and they shall affix the corporate seal of the city thereto; such deed or release shall thereupon be acknowledged by the mayor and city clerk for and on behalf of the city, which deed so executed and acknowledged shall be valid and effectual to convey all rights and release all claims thereby purporting to be conveyed or released.

   B.   Execution Of Contracts:

      1.   All contracts entered into by the city, except such as may be entered into by ordinance, shall be in writing, delivered to the city clerk, approved by the city council, and executed by the mayor in his official capacity as directed by the city council. City council approval of a contract or agreement shall be endorsed on the contract or agreement by the city clerk, and attested by the city clerk’s signature. Contracts or agreements entered into by the city may be executed with an electronic signature, in accordance with section 1-8-6 of this code and Iowa Code Chapter 554D.

      2.   The city shall not be bound by, or be liable upon, any contract or agreement except such as shall be entered into and executed in accordance with the provisions of subsection B1 of this section. (Rev. Ord. 1127, Comp. 1941, p. D-3; amd. Ord. 5557, 6-1-2020)

1-8-2: PURCHASES:

   A.   All supplies, goods and merchandise used by the city shall be purchased as provided in subsection B of this section, and in no other manner.

   B.   Whenever it is necessary for the city to purchase supplies for any of the departments of the city, unless ordered by the city council at a regular or special session, a written order must be first had and obtained from the city clerk before the supplies, goods or merchandise can be purchased.

   C.   Any officer or employees of the city or any other person who shall violate the provisions of this section shall be guilty of an offense, and the city shall not be liable for any goods purchased other than on such a written order. (Rev. Ord. 1171, Comp. 1941, p. P-7)