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HomeMy WebLinkAboutR-2019-011 Payment to Vendors by ACH or Electronic Transfer Methods RESOLUTION NO. R-2019-011 A RESOLUTION APPROVING AND ENCOURAGING PAYMENT TO VENDORS AND CONTRACTORS BY ACH OR OTHER ELECTRONIC TRANSFER METHODS BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI AS FOLLOWS: THAT the Board of Aldermen approves and encourages the practice of payment to vendors and contractors by automated clearing house ("ACH") or other electronic transfer methods; and FURTHER THAT the Finance Director shall be responsible for establishing all ACH arrangements or other electronic transfer methods on behalf of the City. The Finance Director may enter into ACH agreements as necessary, and shall be responsible for the origination of ACH or other electronic transfer payment, accounting, and reporting; and FURTHER THAT the Mayor, the City Administrator, Finance Director and other appropriate City officials are hereby authorized to take any and all actions as may be deemed necessary or convenient to carry out and comply with the intent of this Resolution. PASSED AND ADOPTED by the Board of Aldermen of the City of Riverside, Missouri, the 5th day of February 2019. May -Kathleen L. Rose Robin K kicaid -City,—Uerk