UTAH CODE (Last Updated: January 16, 2015) |
Title 10. Utah Municipal Code |
Chapter 5. Uniform Fiscal Procedures Act for Utah Towns |
§ 10-5-123. Fund records maintained -- Pre-audit of claims and demands -- Certifications on check copy -- Bids received and advertisement records -- Time for keeping.
Latest version.
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(1) Except to the extent that the town clerk's financial duties and responsibilities are performed by a director of finance appointed pursuant to a resolution or ordinance adopted under Subsection 10-6-157(1), the town clerk shall: (a) maintain the general books for each fund of the town and all subsidiary records relating to each fund, including a list of the outstanding bonds, their purpose, amount, terms, date, and place payable; and (2) If a town is required by law to receive bids for purchases, construction, repairs, or any other purpose requiring the expenditure of funds, the town shall keep on file all bids received, together with proof of advertisement by publication or otherwise, for: (a) at least three years following the letting of any contract pursuant to those bids; or (b) three years following the first advertisement for the bids, if all bids pursuant to that advertisement are rejected.
Amended by Chapter 375, 2010 General Session