§ 2-162. Approval of obligations.

The city administrator, or designated representative, is hereby authorized to approve, or disapprove, for payment out of funds previously appropriated for that purpose, any bills, debts or statements presented to the city and resulting from the supplying of goods, properties or services to the city; provided, however, if the amount of any bill, debt or liability exceeds seven hundred fifty thousand dollars ($750,000.00), the payment or disapproval thereof shall require the confirmation of the board of directors.

(Code 1976, § 2-124; Ord. No. 36-01, § 1, 6-19-01; Ord. No. 93-12, § 1, 12-4-12)

State law reference

Board to establish maximum amount of bills that can be paid by administration without confirmation of board of directors, A.C.A. § 14-48-117(5)(A)(ii).