Skip to main content
Loading…
This section is included in your selections.

Interfund loans must be approved by Ordinance. The Ordinance will state the lending fund and the borrowing fund, a schedule of principle and interest payments, primary and secondary sources of repayment, interest rate and maturity date. The planned schedule of repayment should specify the due date(s) of payment(s) needed to repay the principal and interest.

(Ord. 2017-55 § 1 (part), 2017)