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1206_00001ORDINANCENO.1206 ANORDINANCECREATINGA NEWCHAPTER3.42 OF THE MOSESLAKEMUNICIPALCODEENTITLED"CLAIMSPAID APPROVAL" THECITY COUNCILOF THECITY OF MOSESLAKE;WASHINGTON00 ORDAINAS FOLLOWS: Section 1.Chapter 3.42 of the Moses Lake Municipal Code entitled "Claims Paid Approval"is created as follows: I 3.42.010 Authority:RCW42.24.180;as nowenacted or hereafter amended;provides the city may establish a process for the approval by theCityCouncilofwarrantsissuedpriortoapprovalbytheCityCouncil. 3.42.020 Issuance of Warrants before Claim Approval:Warrants are au-thorized to be issued in payment of claims prior to the Councilapprovingtheclaims;according to law and subject to the processandproceduressetforthinthisordinanceandtheinternalcon-trols adopted by Council. 3.42.030 Procedure Established: A.The Council shall review the documentation supporting claimspaidandshallapproveordisapproveofallsuchwarrantsissuedinpaymentofclaimspaidatitsnextregularlyscheduledmeetingfollowingtheissuanceofthewarrantsforallwarrantsissuedpriortosaidmeeting. B.If the Council should disapprove any claims paid;the CityManagerandFinanceDirectorshallrecognizeasreceivablethedisapprovedclaimspaidandshalldiligentlypursuecol-1ection until said sums are collected or the Council issatisfiedandapprovestheclaims. I C.The City Manager and Finance Director shall furnish an offi-cial bond of not less than $50;000. 3.42.040 Internal Contro1/Policy:The Finance Director shall develop awritteninternalcontrolpolicytobeapprovedbytheCityCounciltoensurethegreatestpossibleprotectiontothecityinthemat-ters subject to this ordinance. Section 2.This ordinance shall take effect and be in force five (5)daysafteritspassageandpublicationasprovidedbylaw. Adopted by the City Council and signed by its Mayor on April 22;1986 A SRPRVEDAS (ty torn Publish:April 29,1986