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HomeMy WebLinkAbout838_Imprest Account for Worker's CompensationTulsa County Clerk- EARLENE WILSON F_)I 9-005151748 Pages 2 836470 12/27/05 11-.0 1:56 Fee 15.00 CITY OF OWASSO, OKLAHOMA ORDINANCE NO. 838 AN ORDINANCE RELATING TO PART 7, FINANCE AND TAXATION, CHAPTER 1, FINANCE AND BUDGET ADMINISTRATION, OF THE CODE OF ORDINANCES OF THE CITY OF OWASSO, OKLAHOMA, AMENDING SAME BY PROVIDING FOR THE CREATION OF A WORKERS' COMPENSATION IMPREST ACCOUNT AND AUTHORIZATION OF A THIRD PARTY ADMINISTRATOR TO ISSUE CHECKS. THIS ORDINANCE AMENDS PART 7, CHAPTER 1, OF THE CITY OF OWASSO CODE OF ORDIANCES, SECTION 7-109. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF OWASSO, OKLAHOMA, THAT, TO-WIT: SECTION ONE (1) Part seven, finance and taxation, chapter 1, finance and budget administration, of the code of ordinances of the city of owasso, oklahoma, shall be amended by providing and codifying as follows: SECTION TWO(2): SECTION 7-109 PETTY CASH AND IMPREST ACCOUNTS A. Petty Cash 1. As provided for in 11 O.S., Section 17-102 (D) of the Oklahoma State Statutes, the municipality may have petty cash accounts for use in making certain 1. The workers' compensation imprest account shall require governing body approval, including the amount of the workers' compensation imprest balance. However, in no case should the workers' compensation imprest balance exceed $50,000. A third party administrator shall be authorized to administer and sign checks from the workers' compensation imprest account. 2. The workers' compensation imprest account shall be reimbursed by utilizing properly itemized invoices which will be maintained in the confidential Human Resources files, and by then processing the reimbursement in the manner used for payment of purchases of goods, services and capital as described in Section 7-102. SECTION THREE (3): Repealer All ordinances, or parts of ordinances, in conflict with this ordinance are repealed to the extent of the conflict only. small payments for costs incurred in operating the municipality. 2. Each petty cash account established shall require governing body approval, including the amount of the petty cash imprest balance. However, in no case should the imprest balance exceed $9,000. 3. The petty cash accounts shall be reimbursed by utilizing properly itemized invoices or petty cash voucher slips and by then processing the reimbursement in the manner used for payment of purchases of goods, services and capital as described in Section 7-102. B. Workers' Compensation Imprest Account 1. The workers' compensation imprest account shall require governing body approval, including the amount of the workers' compensation imprest balance. However, in no case should the workers' compensation imprest balance exceed $50,000. A third party administrator shall be authorized to administer and sign checks from the workers' compensation imprest account. 2. The workers' compensation imprest account shall be reimbursed by utilizing properly itemized invoices which will be maintained in the confidential Human Resources files, and by then processing the reimbursement in the manner used for payment of purchases of goods, services and capital as described in Section 7-102. SECTION THREE (3): Repealer All ordinances, or parts of ordinances, in conflict with this ordinance are repealed to the extent of the conflict only. I SECTION OUR (4)m Declaring an Effective Date The provisions of this ordinance shall become effective thirty (30) days from the date of final passage as provided by state law. Sherry Bishop; City Clerk APPROVED AS Julie Lombardi City Attorney STATE OF OKLAHOMA, 'TULSA COUNTY, ss: JANUARY 24, 2006 Subscribed and sworn to before me this 25TH KNotary Public My Commission expires: Published in the Owasso Reporter, Owasso, Tulsa County, Oklahoma, January 24, 2006. CITY OF OWASSO, OKLAHOMA ORDINANCE NO. 838 AN ORDINANCE RELATING TO PART 7, FINANCE AND TAXA- TION, CHAPTER 1, FINANCE AND BUDGET ADMINISTRA- TION, OF THE CODE OF ORDINANCES OF THE CITY OF OWASSO, OKLAHOMA, AMENDING SAME BY PROVIDING FOR THE CREATION OF A WORKERS' COMPENSATION IMPREST ACCOUNT AND AUTHORIZATION OF A THIRD PARTY ADMINISTRATOR TO ISSUE CHECKS. THIS ORDINANCE AMENDS PART 7, CHAPTER 1, OF THE CITY OF OWASSO CODE OF ORDINANCES, SECTION 7 -109. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF OWAS- SO, OKLAHOMA, THAT, TO -WIT: SECTION ONE (1): Part Seven, Finance and Taxation, Chapter 1, Finance and Budget Administration , of the Code of Ordinances of the City of Owasso, Oklahoma, shall be amend- ed by providing and codifying as follows: SECTION TWO (2): SECTION 7 -109 PETTY CASH AND IMPREST ACCOUNTS A. Petty Cash 1. As provided for in 11 O.S., Section 17 -102 (D) of the Oklahoma State Statutes, the municipality may have petty cash accounts for use in making certain small payments for costs incurred in operating the municipality. 2. Each petty cash account established shall require governing body approval, including the amount of the petty cash imprest balance. However, in no case should the imprest balance exceed $9,000. 3. The petty cash accounts shall be reimbursed by utilizing properly itemized invoices or petty cash voucher slips and by then processing the reimbursement in the manner used for payment of purchases of goods, services and capital as described in Section 7 -102. B. Workers' Compensation Imprest Account 1. The workers' compensation imprest account shall require governing body approval, including the amount of the workers' compensation imprest balance. However, in no case should the workers' compensation imprest balance exceed $50,000. A third party administrator shall be authorized to administer and sign checks from the workers' compensation imprest account. 2. The workers' compensation imprest account shall be reim- bursed by utilizing properly itemized invoices which will be maintained in the confidential Human Resources files, and by then processing the reimbursement in the manner used for payment of purchases of goods, services and capital as described in Section 7 -102. SECTION THREE (3): Repealer All ordinances, or parts of ordinances, in conflict with this ordinance are repealed to the extent of the conflict only. SECTION FOUR (4): Declaring an Effective Date The provisions of this ordinance shall become effective thirty (30) days from the date of final passage as provided by state law. PASSED by the City Council of the City of Owasso, Oklahoma on the 20th day of December, 2005. /s/ Craig Thoendel, Mayor ATTEST: /s/ Sherry Bishop, City Clerk APPROVED AS TO FORM: /s/ Julie Trout Lombardi, City Attorney