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ARTICLE VII. FINANCIAL ADMINISTRATION <br />Sec. 67. Director of finance; appointment. <br />There shall be a department of finance, the head of which shall be the director of finance, <br />who shall beim° Lc"' appointed by the city manager.�a <br />qgll,gyjiiimctorfinal ica_.. .. " °III... . ➢ ci assess i : i m la : W � <br />Explanatory Note: A portion of this wordage is outdated. <br />responsible for m f :ll pp,ijy witliiiir,i 1.1�1(�� <br />�� ..'...' 1V �m� u�w <br />Sec. :69 5n�uii uSupervise�a d be re a ke all assessinetits w VIII„1,�',,. ��"a�.... �� -nrrierit <br />.o. : ri �u! . m pe `lc � ai uce of s ar"i special assessments �iiri iii�r�2� t147m �„h <br />as may be required by law; <br />Explanatory Note: A portion of this language is outdated in that it ignores the long-time <br />existence of the Lamar County Appraisal District. <br />Explanatory Note: This is a practice that no longer exists. <br />Sec. 79. Borrowing in anticipation of property taxes. <br />In any fiscal year, in anticipation of the collection of the property tax for such year, whether <br />levied or to be levied in such year, the council may by resolution authorize the borrowing <br />of money by the issuance of negotiable notes of the city, each of which shall be <br />designated "tax anticipation note for the year 20 ” (stating the budget year). Such notes <br />shall mature and be payable [ �wJawte t� i � he ei� i �� )I ie cal, +� �� ::° � � i � i i ,... ori ii: �i IPS <br />uioten��unave be is �.i...� �ru��� �� �������� � � �l1,y��v� ������^��ri�y�r���°»�i��f�,a,11 ll�„gym ��rr���4^ ����u��ii��i���ii���n <br />Sec. 80. Borrowing in anticipation of other revenues. <br />In any fiscal year, in anticipation of the collection or receipt of other revenues of that <br />budget year, the council may by resolution authorize the borrowing of money by the <br />issuance of negotiable notes of the city, each of which shall be designated "special <br />revenue note for the year 20 ” (stating the budget year). Such notes may be renewed <br />from time to time, but all such notes, together with the renewals, shall mature and be <br />payable .�,.°ug1: nay p is ;p a„„ ... Ilp u_ p m __ : iiur° www�w�w i H� e o a i w a w shall ! <br />m*iu i, ,Ss mI . o/),),i,� a date i1F1,iiiie <br />Explanatory Note: Both foregoing sections include specific language thought to be too <br />restrictive and unnecessary to finance administration. <br />11 <br />