SECTION 4. CUSTODY AND DEPOSIT OF FUNDS.

SECTION 4. CUSTODY AND DEPOSIT OF FUNDS.

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2025-04 (current)
Sheffield Lake Overview
Codified Ordinances of Sheffield Lake, OH
CODIFIED ORDINANCES OF THE CITY OF SHEFFIELD LAKE, OHIO
CERTIFICATION
ROSTER OF OFFICIALS
ADOPTING ORDINANCE NO. 116-84
COMPARATIVE SECTION TABLE
TABLES OF SPECIAL ORDINANCES OF SHEFFIELD LAKE
CHARTER
ARTICLE I NAME AND BOUNDARIES
ARTICLE II MUNICIPAL POWERS
ARTICLE III THE MAYOR
ARTICLE IV THE COUNCIL
ARTICLE V ADMINISTRATIVE OFFICERS AND DEPARTMENTS
ARTICLE VI CIVIL SERVICE COMMISSION
ARTICLE VII BOARDS AND COMMISSIONS
ARTICLE VIII FINANCE
SECTION 1. APPROPRIATION ORDINANCE.
SECTION 2. TRANSFERS AND BALANCES.
SECTION 3. PAYMENT OF CLAIMS.
SECTION 4. CUSTODY AND DEPOSIT OF FUNDS.
SECTION 5. PUBLIC BIDDING.
SECTION 6. PUBLIC IMPROVEMENTS.
SECTION 7. LIMITATION ON RATE OF TAXATION.
SECTION 8. SUBMISSION OF EXTRA LEVY.
SECTION 9. DEBT LIMITATION.
ARTICLE IX NOMINATIONS AND ELECTIONS
ARTICLE X INITIATIVE, REFERENDUM, RECALL
ARTICLE XI FRANCHISES
ARTICLE XII AMENDMENTS TO CHARTER
ARTICLE XIII GENERAL PROVISIONS
PART ONE - ADMINISTRATIVE CODE
PART THREE - TRAFFIC CODE
PART FIVE - GENERAL OFFENSES CODE
PART SEVEN - BUSINESS REGULATION CODE
PART NINE - STREETS, UTILITIES AND PUBLIC SERVICES CODE
PART ELEVEN - PLANNING AND ZONING CODE
PART THIRTEEN - BUILDING CODE
PART FIFTEEN - FIRE PREVENTION CODE
OH
Sheffield Lake
Codified Ordinances of Sheffield Lake, OH
SECTION 4. CUSTODY AND DEPOSIT OF FUNDS.
SECTION 4. CUSTODY AND DEPOSIT OF FUNDS.
   SECTION 4. CUSTODY AND DEPOSIT OF FUNDS.
   The Council shall, by ordinance, provide for the custody of all funds of the Municipality and for the deposit of funds in a bank or banks, and shall provide for an Investment Committee of five (5), one of whom shall be the Finance Director. The Committee shall meet at least once each quarter, for a minimum of four (4) meetings per year. All funds received on behalf of the Municipality by any officer, employee or agent thereof shall be promptly paid over to the Director of Finance, and he shall cause them to be promptly placed in a depository bank; but the Council may authorize such sums, as it deems proper, to be in cash for the daily operation of any department or office. The Director of Finance, with the concurrence of the majority of the members of Council eligible to vote, shall invest monies of the Municipality in bonds or notes of this Municipality, or any other investment permitted by law, in such manner as is now or hereafter authorized by general law of the State of Ohio for such investment by Municipalities.
(Amended 11-3-15.)

Disclaimer: This Code of Ordinances and/or any other documents that appear on this site may not reflect the most current legislation adopted by the Municipality. American Legal Publishing provides these documents for informational purposes only. These documents should not be relied upon as the definitive authority for local legislation. Additionally, the formatting and pagination of the posted documents varies from the formatting and pagination of the official copy. The official printed copy of a Code of Ordinances should be consulted prior to any action being taken.

For further information regarding the official version of any of this Code of Ordinances or other documents posted on this site, please contact the Municipality directly or contact American Legal Publishing toll-free at 800-445-5588.

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Detected legislative history

• Ordinances of Sheffield Lake, OH
• ORDINANCES OF THE CITY OF SHEFFIELD LAKE, OHIO
• ORDINANCE NO. 116-84
• ORDINANCES OF SHEFFIELD LAKE
• ORDINANCE. SECTION 2
• ordinance, provide for the custody of all funds of the Municipality and for the deposit of funds in a bank or banks, and shall provide for an Investment Committee of five (5), one of whom s
• Amended 11-3-15
• Ordinances and/or any other documents that appear on this site may not reflect the most current legislation adopted by the Municipality
• Ordinances should be consulted prior to any action being taken
• Ordinances or other documents posted on this site, please contact the Municipality directly or contact American Legal Publishing toll-free at 800-445-5588

Imported automatically by MunicipalWiki. The original publisher remains the authoritative source pending legal normalization and verification.