Section 18-28 Employment of professional services.


    The administrator, the police retirement board or the firefighters' retirement board may, under the procedures established by city ordinance, employ the services of an investment counselor, attorney, actuary or other professional to assist in their  duties .   If  services are  rendered to more than one fund, payment for such services shall be debited against the funds in proportion to  their fund balances .

        Unless such services are so acquired, the administrator shall provide financial services and the city counselor shall provide legal services.

    Such services, when provided by city staff persons, shall be charged against the funds in the same manner and at the same rate as charged the enterprise funds of the city.

(Code 1964, § 9.1750, Ord. No. 018160, § 1, 7-6-04)


(Ord. 018160, Amended, 07/06/2004, Prior Text)