HomeMy WebLinkAbout1188 OrdinanceCITY OF PASCO, WASHINGTON
ORDINANCE NO.-.
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AN ORDINANCE CREATING AN EQUIPMENT RENTAL FUND;
SPECIFYING THE PURPOSE FOR WHICH SAID FUND IS
CREATED, AND DIRECTING THE MANNER IN WHICH SAID
FUND SHALL BE ADMINISTERED.
THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DO ORDAIN AS
FOLLOWS:
Section 1. There is hereby created and established a special fund to
be known and designated as the "Equipment Rental Fund," to be used as a
revolving fund to be expended for salaries, wages and operations required
for the repair, replacement, purchase and operation of equipment, and for the
purchase of equipment, materials and supplies to be used in the administration
and operation of said fund.
Section 2. The Equipment Rental Fund shall be under the direction of
the City Manager.
Section 3. All motor vehicle equipment of the City of Pasco shall be
transferred to the Equipment Rental Fund as of January 1, 1965. Departments
making such transfers of equipment shall receive no credit therefor.
Section 4. The charges for rental of such equipment shall be sufficient
to cover the repair, replacement, purchase and operation thereof, and the
terms of rental shall be on an annual, monthly, daily, hourly, mileage or
other basis as determined by the City Manager. A schedule of such charges
shall be prepared by the City Manager, subject to approval by the City Council.
Such rental rates shall be reviewed, and if need be revised, periodically to
meet changing costs of repair, replacement, purchase and operation.
Section 5. There shall be kept such books, accounts and records as are
necessary to control and report the financial operations of the Equipment
Rental Fund and the cash account of said Fund shall be sub -divided into two
separately designated accounts as follows:
(a) Account "A", which shall be the "Current Operating Account",
into which shall be placed those portions of the charges
made to the various departments of the City, in accordance
with the provisions of Section 4 hereof, which are specifi-
cally billed said departments to provide sufficient moneys
to pay the salaries and wages, materials, overhead or other
costs necessary to operate and maintain all motor vehicle
equipment rented thereto. There shall also be placed into
account "A" moneys which may from time to time be made
specifically available thereto by action of the Council.
(b) Account "B", which shall be the "Equipment Reserve Account",
into which shall be placed those portions of the charges made
to the various departments of the City, in accordance with the
provisions of Section 4 hereof, which are specifically billed
said departments to provide sufficient moneys, having first
taken into consideration the necessary operating and maintenance
costs billed under the preceding paragraph, to pay the costs of
purchasing new equipment and replacing used equipment as re-
quired to carry out the purposes of the Equipment Rental Fund.
There shall also be placed in Account "B", moneys which are
derived from the direct sale of any of the equipment or other
capital assets of the Fund and any moneys which may from time to
time be made specifically available thereto by action of the
Council.
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Section 6. Any withdrawals or expenditures from said Equipment Rental
Fund shall be made only in the following manner:
(a) Expenditures from Account "A" shall be made only upon duly approved
payrolls and vouchers of the City for the purposes hereinbefore
ascribed to said Account.
(b) Expenditures from Account "B" shall be made only upon duly approved
vouchers of the City for the purposes hereinbefore ascribed to
said Account.
Section 7. All monies deposited in said Equipment Rental Fund and not
expended as provided herein shall remain in the Fund from year to year and
shall not be transferred to any other fund or expended for any other purposes
whatsoever.
Section 8. If, at any time hereafter, the City Council shall abolish
said Equipment Rental Fund, then all monies on deposit therein, and all
equipment therein, shall revert to the several funds and departments par-
ticipating in the Equipment Rental Fund.
Section 9. This Ordinance shall take effect and be in force on
January 1, 1965.
PASSED by the City Council at a regular meeting thereof this
day of , 1965, and signed in authentication of its passage this
4 fday of + , 1965.
Mayor
Attest:
City Clerk
Approved as to form:
Published: