29-18 Enact New Sections to Codify Financial Processes to Reflect 3rd Amended Charter

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tied or abandoned, may from time to time be appropriated by Council to such uses as will not conflict with any uses for which specifically such revenues ac- crued. Section 2. New Section 129.63, Unexpended Balances Revert, shall be enacted to read as follows: 129.63. UNEXPENDED BALANCES REVERT. At the end of each year, all unexpended balances of appropriations shall revert to the respective funds from which the same were appropriated and shall then be subject to future appropriation; but appropriations may be made in furtherance of improvements or other objects or work of the City that will not be completed within the current year. Section 3. New Section 129.64, Certification of Instruments, shall be enacted to read as follows: 129.64. CERTIFICATION OF INSTRUMENTS. (a) Certification. No contract, agreement, or other obligation, involving the ex- penditure of money, shall be entered into by any officer of the City, nor shall any ordinance, resolution, or order for the expenditure of money be passed by Council, unless the Director of Finance first certifies that the money required for such contract, agreement, obligation, or expenditure, is in the treasury or in the process of collection and is available for such pur- pose, as provided by general law. (b) Funds Subject to Certification. All moneys actually in the treasury to the credit of the fund from which they are to be drawn, and all moneys applica- ble to the payment of the obligation or appropriation involved, that are an- ticipated to come into the treasury before the maturity of such contract, agreement or obligation, from taxes or assessments, or from sales of ser- vice, products or byproducts or from any City undertakings, fees, charges, accounts and bills receivable or other credits in process of collection; and all moneys applicable to the payment of such obligation or appropriation, which are to be paid into the treasury prior to the maturity thereof, arising from the sale or lease of lands or other property, and moneys to be derived from lawfully authorized bonds, notes or other debt obligations sold and in process of delivery shall be deemed in the treasury and subject to the certi- fication referred to in Section 4 of this Article. (c) Failure to Comply. All contracts, agreements, or other obligations and all ordinances, resolutions and orders entered into or passed contrary to the provisions of the preceding Sections shall be void, and no person whatever shall have any claim or demand against the City thereunder, nor shall Coun- cil, nor any officer of the City waive or qualify the limits fixed by such or- dinance, resolution, or order or fasten upon the City any liability whatever, in excess of such limits, or release any party from compliance with this con- tract under such ordinance, resolution or order. Section 4. It is found and determined that all formal actions of this Council concerning and relating to the passage of this ordinance were adopted in an open meeting of this Council and