Title
Amending Chapter 2 of the Saint Paul Administrative Code pertaining to Community Presence and Responsibility in Banking.
Body
THE COUNCIL OF THE CITY OF SAINT PAUL DOES ORDAIN:
SECTION 1
Section 2.02 (G) of the Saint Paul Administrative Code is hereby amended to read as follows:
(G) Budget and Financial Services:
(1) Office of financial services-director of financial services-appointment and qualifications. There is hereby established an office of financial services. The office of financial services will be responsible for the management and control of the budgets and of other financial services as hereto after described. The mayor shall appoint, with the consent of the city council, a director of the office of financial services, who shall be in the unclassified service of the city.
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(5) Treasury section: Within the office of financial services there shall be a treasury section. Under the supervision of the director, the treasury section's responsibilities shall include, but not be limited to:
a. Performing all functions as collector of any and all city taxes.
b. Receiving all moneys due the city for fees, permits, fines and other bills.
c. Receiving funds entrusted to any city department or agency.
d. Controlling and supervising the deposit of money and the related banking activities of the city.
e. Developing and maintaining a cash management program, including the purchase and sale of city investments.
f. Maintaining custody of all city investments and funds including bonds and notes.
g. Providing for the disbursement of city funds.
h. Coordinating the plan for, and issuance of, city debt.
i. Establishing and maintaining control and administrative records for the management of outstanding debt.
j. Assisting the director in the preparation and management of the city budget.
k. Requiri...
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