A. The city may enter into contracts for terms exceeding one (1) year; provided, that funds for the city’s performance during the fiscal year in which the contract term commences are certified in writing by the finance director as being available.
B. The city’s payment and performance obligations for succeeding fiscal years after issue of a multi-year contract shall be subject to the availability of funds lawfully appropriated therefor.
C. Contracts for construction or in connection with requirements of federal and state grants are not to be construed as multi-year contracts; however, lawfully appropriated funds must be available for the term of the contract. [Ord. 20-24 § 2, 2020; Ord. 14-27 § 4.]