Section 18-28 Employment of professional services.
Prior to the adoption of Ord. 018160 on 07/06/2004, Section 18-28 read as follows.
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
the their duties. and
may pay a reasonable fee
from the funds therefor. In the event of If services are rendered to more than
one fund, payment
for any such services shall be debited against the funds in the same
ratio as proportion to their
fund balances relate.
(1) Unless such services are so acquired,
the administrator shall provide financial services
as hereinbefore provided and the city counselor shall provide legal services.
(2) 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)