§ 70-354. Increase of fund in emergencies.  


Latest version.
  • If a large number of city employees are laid off, discharged or resign at one time, and the amount remaining in the fund established by this division is insufficient to pay the claims of all employees within 24 hours, the council hereby authorizes that the revolving fund be increased in an amount sufficient to pay all claims. Upon reimbursement, the amount in excess of $5,000.00 is to be withdrawn and credited to the proper account.

(Code 1956, § 2-40.4)