§ 10.49. PROCEDURE FOR PAYMENT; AGENT'S BOND.

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The Treasurer of the City and County may determine the time at which and the manner in which the amounts to become due as provided in the preceding section shall be paid, as well as to how and when the fiscal agent shall be reimbursed for any and all moneys paid out by the fiscal agent in the payment of any coupon or bond. The Treasurer is authorized to require a bond from the fiscal agent for the faithful performance of its duties and for the payment of any moneys which may become due from the fiscal agent to the City and County, the amount and terms of such bond to be approved by the Treasurer, and the premium thereon to be paid by the City and County.
(Ord. No. 1184(1939), Sec. 3; amended by Ord. 333-00, File No. 002020, App. 12/28/2000)

                    
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