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HomeMy WebLinkAboutLL 03 of 1999 Auth for Bank Transactions LOCAL LAW NO. 3 FOR THE YEAR 1999 A LOCAL LAW AUTHORIZING PERSONS OTHER THAN THE TOWN SUPERVISOR AND DEPUTY SUPERVISOR TO AUTHORIZE BANKING TRANSACTIONS AND TRANSFERS OF FUNDS ON BEHALF OF THE TOWN OF ITHACA Be it enacted by the Town Board of the Town of Ithaca as follows: Section 1. Purpose. There are occasions when it is necessary for checks and other instruments for the withdrawal or transfer of funds from the Town's general fund account and neither the Town Supervisor nor Deputy Town Supervisor is available to sign or otherwise authorize such transactions. Accordingly, this local law is intended to permit the appointment of other persons to effect such transactions in the absence, illness or other inability of the Town Supervisor and Deputy Town Supervisor to do so. Section 2. Authority. This local law is adopted pursuant to the authority contained in Section 10 1. (i) and, to the extent this local law supersedes the Town Law, Section 10 1. (ii) d. (3) of the Municipal Home Rule Law. Section 3. Supersession of Town Law. This local law, to the extent inconsistent with same, shall superseded the provisions of Sections 29 and 42 of the Town Law and any other provisions of the Town Law that are inconsistent with this local law and which may be superseded by local laws enacted pursuant Municipal Home Rule Law sections cited above. Section 4. Authorization Regarding Withdrawal of Funds. The Town Board, by resolution, may authorize any Town Councilperson or Councilpersons specifically named in the resolution, and the Town Budget Officer if specifically named in the resolution, to execute checks and other instruments for the withdrawal of town funds from any banking institution or other depository of such funds, when the Town Supervisor and Deputy Town Supervisor are absent or otherwise unable to act. Section 5. Authorization Regarding Transfer of Funds. The Town Board, by resolution, may authorize any employee of the Town specifically named by name and position in the resolution, to authorize the transfer (but not the withdrawal) of funds from one Town account to another Town account in the same or different depository institution. Section 6. Procedural Requirements of Resolutions. No resolution permitted by this local law shall be effective unless adopted with the consent of the Town Supervisor and, if one is appointed, with the consent of the Deputy Town Supervisor. The casting of an affirmative vote on the resolution by the Town Supervisor and/or Deputy Town Supervisor shall constitute the consent of such individual to its adoption and no further documentation of the consent of such person shall be required. 2 Section 7. Imposition of Conditions. The Town Board may impose such conditions upon such authority as it may deem necessary or desirable to protect the Town and its funds, including a condition that the person or persons so appointed be bonded under the Town's general fidelity bond. Section 8. Invalidity. In the event that any portion of this law is declared invalid by a court of competent jurisdiction, the validity of the remaining portions shall not be affected by such declaration of invalidity. Section 9. Effective Date. This law shall take effect ten days after its enactment or upon the filing of same with the Secretary of State of the State of New York, whichever is later.