The code of the city of Charlottesville, Virginia, 1965 : the charter and the general ordinances of the city |
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 | CHAPTER 2. The code of the city of Charlottesville, Virginia, 1965 : |  |
Sec. 2-16. Powers and duties of finance committee.[20]
The finance committee shall investigate and report to the
revenues and assets of the city. After approval by the city council,
such committee shall have power to borrow money in the name of
"the finance committee of the City of Charlottesville," signed by
all the members of the committee. The finance committee shall
approve all surety bonds of city officials and employees, as
provided for by sections 2-186 to 2-188. (Code 1959, § 2-16.)
As to chairman of finance committee as member of sinking fund
commission, see Char., § 26 and § 2-156 of this Code.
As to signing of notes and other evidences of indebtedness by the
finance committee, see § 1-11 of this Code. As to approval of amounts of
insurance upon public buildings insured by city manager, see § 2-79. As
to finance committee directing treasurer to place funds on certificates of
deposit, etc., see § 2-91. As to approval of securities deposited by city
depositories, see § 2-92. As to approval by finance committee of bonds
of officers and employees, see § 2-186. As to report by finance committee
to council of official bond given, see § 2-188. As to chairman of finance
committee being member of perpetual care cemetery committee, see §
21-9.
| CHAPTER 2. The code of the city of Charlottesville, Virginia, 1965 : | |