§ 2-918. Monthly reports of contracts for revolving funds.

Latest version.

Any contract through which the city conveys to another party funds to be used in a revolving fund manner shall contain provisions requiring monthly reports in a manner and on forms prescribed by the chief financial officer, which reports shall divulge the status of all city funds and record repayments of principal and interest, and provide that upon the completion of the contract all financial records, funds, notes, deeds to secure debts and other assets shall be returned to the city promptly, at the direction of the chief financial officer.

(Code 1977, § 7-1039)

                    
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