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1973 Ordinances
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1973 Ordinances
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8/27/2001 12:53:32 PM
Creation date
6/27/2001 4:58:16 PM
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Ord/Resolutions
Year
1973
Ord/Resolutions - Type
Ordinances
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(b) The appropriations for interest shall <br />be made available as same may become due. <br /> <br /> (c) The City Manager is hereby authorized <br />at any time during the fiscal year to transfer funds in the aggre- <br />gate not to exceed $10,000.00 from one department to another de- <br />partment, or from the unappropriated balance for contingencies <br />to one or more d~epar~ents. <br /> <br /> (d) The City Manager is hereby authorized <br />at any time during the fiscal year to effect any consolidation <br />of offices, or to make other changes he may deem to be in the <br />interest o~ the City, provided there is no increase in expense. <br /> <br /> Section 3. The Finance Director is hereby authorized to <br />transfer funds for the purpose of equalization, from any fund <br />in one authorized bank to the same fund in another authorized <br />bankf provided the transfer check is countersigned by the City <br />Treasurer. <br /> <br /> Section 4. Monies paid to the retired school teachers <br />shall be termed as gratuity and only as a t~porary measure. <br />If the State of Virginia takes over this responsibi!ity, this <br />gratuity~i!! cea~se. <br /> <br /> Section 5. To the extent-that any monies in the ac- <br />counts of the School Board derived from sources o~er than the <br />State of Virginia are unexpended at the end of the fiscal year <br />1973-74 and thus become available for use the next fiscal year, <br />the City's share of the appropriation made for education and <br />scholarships for the next ensuing fiscal year shall be decreased <br />by a like amount. <br /> <br /> Section 6. An emergency exists, and this ordinance <br />shall take effect July 1, 1973. <br /> <br /> Adopted by the Council of the City of Portsmouth, Vir- <br />ginia, at a meeting held June 26, 1973. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br />-3- <br /> <br /> <br />
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