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HomeMy WebLinkAboutOrdinance No. 1003 ORDINANCE NO. 1003 AMENDING SECTION 3.04.030 OF THE LAUREL MUNICIPAL CODE, ANNUAL FINANCIAL STATEMENT REQUIRED. IT IS HEREBY ORDAINED by the City Council of the City of Laurel, Montana, that Section 3.04.030 of the Laurel Municipal Code is hereby amended to read as follows: Section 3.04.030. Annual Financial Statement Required. A. within 120 days after the close of each fiscal year the municipal clerk must make out, in duplicate, a complete statement Of the financial condition of the city for that fiscal year, showing: 1. <No change>. 2. <No change>. 3. <No change>. 4. <No change>. 5. <No change>. 6. <No change>. 7. <No change>. 8. <No change>. 9. Other information which may be required by the department of Commerce. B. The forms on which the statement shall be made shall be prescribed by the department of Commerce. C. The municipal clerk must, within 120 days following the close of each fiscal year, transmit one copy of the statement to the department of commerce, and must present the other copy to the City Council. D. If the municipal clerk fails to file a copy of the statement with the department of Commerce within the time specified, the department without delay, shall examine the books, records, and accounts of the city. The department shall make from its examination a statement of the financial condition of the city for the preceding fiscal year in the manner it should have been made by the city clerk. The examination shall be considered a special examination. This Ordinance shall become effective thirty (30) days after final passage by the City Council and approval by the Mayor. Introduced on first reading at a regular meeting of the City Council on December 3 , 1991, by Alderman Rod§ers PASSED AND ADOPTED by the Laurel City Council on second reading this 17th day of December , 1991, upon a motion by Alderman Marshall APPROVED by the Mayor this 18th day of December , CITY OF LAUREL Bbb GautHier, Mayor Donald L. Hackmann, City Clerk J>e~. Bradley, City A~ rn~y 1991.