HomeMy WebLinkAboutResolution - 092470J - Finance Department Service Charge For Insufficient Funds - 09_24_1970KJ:EW
RESOLUTION
WHEREAS, additional expense is incurred in the handling of checks returned
to the City of Lubbock because of insufficient funds or other reasons noted by the
banks; NOW THEREFORE
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Finance Department BE and is hereby authorized to assess and
collect a service charge of $2.00 for each check which is returned to the City
because of insufficient funds or other reasons stated by the banks. This service
charge shall be collected by the Finance Department or by the department charged
with the responsibility of handling the particular account or fund.
Passed by the City Council this 24th day of SSAY!Aer , 1970.
J.(y!; GRANBERRY, ;4AYOR
ATTEST:
r
Lave 'a Lowe, City S cretary-Treasurer
APPROVED:
t... `:: . ►-. Lc;
Senter, Jr., CityVhrfiey