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<br />C. 2, § 157 ADMINISTRATION C. 2, § 160
<br />C. 2, § 161 CHARLOTTESVILLE CITY CODE C. 2, § 163
<br />Article X. Sinking Fund Commission.
<br />and shall not be applied by the council to any other purpose.
<br />( Code 1932, § 132.)
<br />Sec. 157. Members.
<br />managing, and applying the sink-
<br />Sec. 161. Investment of funds; redemption of city debts.
<br />For the purpose of preserving
<br />ing fund required to be created by the charter and the ordinances
<br />The commission shall apply all appropriations, interest and
<br />of the city, the mayor, chairman of the finance committee of the
<br />board
<br />profits from any bonds held by them to the purchase of bonds or
<br />council, director of finance and treasurer shall constitute a
<br />certificates of debt of this city, or of this state, or of the United
<br />'
<br />to be called the sinking fund commission. (Code 1932, § 129.)
<br />States, or of some other state of this union, or any other securities
<br />For charter provision in regard to sinking fund and sinking fund
<br />which under the laws of the State of Virginia are designated and
<br />commissioners, see char., § 23.
<br />approved for the investment of fiduciary funds. The accrued in-,
<br />terest on said securities shall be collected by the treasurer when
<br />Sec. 158. President and secretary; keeping journal; pre-
<br />due, and deposited to the credit of the sinking fund. All such se -
<br />serving books and papers.
<br />curities, or reinvestments of same, and the interest thereon, shall
<br />The mayor shall be the president, and the director of finance the
<br />be reinvested according to the provisions of this section, until some
<br />secretary, of the board. The secretary shall keep a correct journal
<br />part of the city debt shall become due, when, unless some other
<br />'
<br />of the of every meeting, to be signed by himself and
<br />provisions be made by the council, such securities, so far as may
<br />proceedings
<br />the and shall preserve all books and papers of the board
<br />be necessary, shall be sold and the proceeds applied to the payment
<br />president,
<br />in his office. (Id., § 130.)
<br />of such matured part of the city debt. (Id., § 133; Ord. Jan.
<br />20, 1936.)
<br />Sec. 159. City treasurer to keep account and be custo-
<br />dian of funds.
<br />Sec. 162. Annual report.
<br />The city treasurer shall keep an account of and shall be the cus-
<br />The sinking fund commission shall, through the treasurer, not
<br />todian of all moneys, bonds and other evidences of debt belonging
<br />later than the 31st day of each July, make a report of the condition
<br />to the sinking fund. (Id., § 131; Ord. Dec. 21, 1942.)
<br />of the sinking fund to the council. Said report shall state the cash
<br />receipts for the year, in detail, an itemized list of bonds bought or
<br />Sec. 160. Setting apart sinking fund.
<br />sold, with price paid or received, and a detailed list of all securities
<br />held by said commission. Said report shall be audited and ap-
<br />The council shall set apart from the resources of the city such
<br />proved by the secretary of the sinking fund commission before it
<br />proportion of its annual revenues as will be sufficient to meet each
<br />is presented to the council. (Id., § 134; Ord. Dec. 21, 1942.)
<br />issue of sinking fund bonds either heretofore or hereafter issued
<br />as the same shall become due. Said fund shall be set apart, one-
<br />Sec. 163. Disbursements.
<br />half on the first day of January of each year, and the other half
<br />shall be to the
<br />All disbursements by said commission shall be by warrant of the
<br />on the first day of July of each year, and placed
<br />of the sinking fund commission. The fund thus set apart
<br />secretary, countersigned by the president of the board, drawn on
<br />credit
<br />and invested, together with the annual interest and profits there-
<br />the treasurer. (Id., § 135; Ord. Dec. 21, 1942.)
<br />from, shall be called the sinking fund, and shall be kept for, and is
<br />hereby dedicated to, the payment of the bonded debt of the city,
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<br />C. 2, § 167 CHARLOTTrsvrLl r CITY CODs C. 2, § 169
<br />C. 2, § 164 ADMINISTRATION C. 2, § 166
<br />Sec. .167. Compensation fixed by council; traveling ex -
<br />Sec. 164. Safety deposit box; who to be present when
<br />penses; officers in arrears or default.
<br />opened.
<br />The salaries of all officers who shall receive stated compensa-
<br />The bank safety deposit box of the sinking fund commission
<br />tion for their services from the city shall be fixed by the council
<br />shall be opened only in the presence of the treasurer; or his dep-
<br />except as otherwise provided. They shall be paid their reasonable
<br />uty, and one member of the sinking fund commission other than
<br />traveling expenses when the duties of their offices require their
<br />the treasurer. (Code 1932, § 136.)
<br />attendance out of the city. No payment shall be made to any
<br />officer who is in arrears to the city or in default in rendering any
<br />Article XI. Officers and Employees Generally.'
<br />account or report required of him. (Id., § 36.)
<br />See. 165. Officers elected by council; term; vacancies.
<br />For charter provision in regard to fixing of salaries by council, see
<br />char., § 31; as to city treasurer withholding wages of employees indebted
<br />There may be elected by the council such officers and clerks as
<br />to the city, see § 94 of this chapter.
<br />said council deems proper and necessary and any one or more of
<br />said offices may be held and exercised by the same person. Un-
<br />Sec. 168. Appointment of substitute during inability to
<br />less otherwise specially provided, every municipal officer elected
<br />serve.
<br />by the council shall hold his office for a term of two years and be
<br />If any officer elected by the council be at any time unable, by
<br />removable at the will of the council. The term of all officers so
<br />reason of sickness or other unavoidable cause, to discharge the
<br />elected shall commence as soon as they have qualified and given
<br />duties of his office, he may, in writing, appoint a substitute to act
<br />bond as required. Vacancies occurring in such offices shall be
<br />for him during such inability, and he and his sureties shall be liable
<br />filled by the council as soon as practicable. All persons elected
<br />for the conduct of such substitute while in office. No such ap-
<br />to fill a vacancy shall hold office only during the unexpired term
<br />pointment shall be valid until ratified by the council, and approved
<br />of the office in which such vacancy occurs. Any officer elected
<br />1 in writing by the surety on such officer's bond. Nothing herein
<br />by the council shall hold office until his successor shall have been
<br />shall be construed to affect the right of the mayor to remove any
<br />elected and shall have qualified and given bond unless he be sooner
<br />officer appointed by the council. (Id., § 37.)
<br />removed. (Code 1932, § 35.)
<br />For provision of the charter in regard to officers and clerks elected by
<br />Sec. 169. Removal by mayor or council.
<br />council, see char., § 5.
<br />For malfeasance, misfeasance, neglect of duty, incapacity or any
<br />Sec. 166. Authority of officers appointed by council,
<br />other good cause, the mayor or council may remove from office
<br />The officers of the city elected or appointed by the council shall,
<br />any officer elected or appointed by the council. (Id., § 38.)
<br />during the time they are in office, have all the power and authority
<br />For charter provision as to removal of employees by the mayor, see char.,
<br />of like officers of the state under its general laws, unless the same `
<br />§ 29; as to council's expelling one of its members, see § 12 of this chap -
<br />be abridged or restricted by the council. (Id., § 43.)
<br />ter; as to suspension or removal of subordinate officers by the mayor,
<br />see § 70 of this chapter; as to removal of mayor from office, see § 72
<br />For similar provisions of city charter, see char., § 27.
<br />of this chapter; as to power to remove city manager from office, see §
<br />74 of this chapter.
<br />S. As to powers of city manager to employ and discharge city em-
<br />ployees, see § 75 of this chapter; as to employees of the director of fi-
<br />nance generally, see § 115 of this chapter; as to appointment of city
<br />sealer of weights and measures by council, see ch. 32, § 1.
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