Each interfund loan approval resolution shall include at the time it is presented to the city council a financial plan reflecting repayment schedule and interest rate charged, and signed by the department head requesting such loan and by the finance director approving a reasonable interest rate in all cases. If required by law, a budget amendment shall be presented at the same time as the resolution approving the interfund loan. (Ord. 2334 § 3, 2001; Ord. 1549 § 3, 1986)