2.02.04 Acceptance of Loose Coin

 

Responsible City Agency:  Treasurer’s Office

 

Keywords:  U.S. coins, legal tender, loose coin, coin wrapper

 

 

1.        General

 

1.1      The City will accept all U.S. coins as legal tender for payment of all debts, public

          charges, taxes and dues.

 

1.2      The City will establish reasonable rules regulating the quantity of loose coins that

it will accept, and the manner in which it will accept the coins.

 

1.2a    The City will require loose coins to be placed in coin wrappers by the

            customer when the quantity of a certain denomination of loose coins presented

            as payment is sufficient to completely fill a coin wrapper of that  

            denomination.

 

1.2b    Coin wrappers will be supplied by cashiers when needed.  The quantity of the

          denomination for each coin wrapper is as follows:

·    pennies         $0.50

·    nickels $2.00

·    dimes            $5.00

·    quarters        $10.00

·    fifty cents      $10.00

 

1.2c    The customer will write their name, telephone number, and citation number or  

           account number when appropriate on each coin wrapper before presenting

           wrapped coins to the cashier.

 

CURRENT REFERENCES:

 

 

EFFECTIVE DATE(Date signed by the Mayor): February 12, 2003