HomeMy WebLinkAbout1981-2494 APPLYING EQUIPMENT RENTAL & REPLACEMENT FUND PROVISIONS TO CERTAIN CITY VEHICLES. ORDINANCE NO. OiY9
AN ORDINANCE relating to .city funds and accounts; applying Equip-
.
ment Rental and Replacement Fund provisions to cer-
tain city vehicles; providing for a financial reporting
system; amending Subsection 3.15.030 A and Section
3.15.050, and repealing Section 3.15.060, all of the
City of Yakima Municipal Code.
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1, Subsection 3.15.030 A of the City of Yakima Muni-
cipal Code is hereby amended to read as follows:
"3.15.030 Ownership of Vehicles--Equipment Rental
Rates--Formula.
A. (1). Except as excluded in subsection A (2)
of this section, all motor vehicles of the City of Yakima
shall be owned by the Equipment Rental and Replacement
Fund; and the use of such vehicles, and the payment of
rental and replacement fees therefor, shall be as provided
by this Chapter.
A. (2). Vehicles operated by the Airport Division
and Office of Neighborhood Conservation, both of the
Department of Community Development, are excluded from
the provisions of this Chapter. Small engine vehicles operated by the Department of Parks and Recreation are
excluded from provisions of this Chapter only insbfar
as they relate to Account A. Retroactive to July:1,—
1980, vehicles operated by the Fire Department are ex-
cluded from the provisions of this Chapter.
Section 2. Section 3.15.050 of the City of Yakima Municipal
Code is hereby amended to read as follows:
"3.15.050 Financial reporting system. There
shall be such books, accounts and records as are neces-
sary to control and report the financial operations
of the Equipment Rental Fund. The financial report-
ing system shall divide the accounts thereof into two
separately designated accounts as follows:
1. 'Account A', which shall be the current operat-
ing'account into which shall be placed those
portions of the charges made to the departments
of the City of Yakima in accordance with the
provisions of Section 3.15.030 of this Chapter
which are specifically billed said departments
to provide sufficient Monies to provide the
salaries and wages, materials, overhead and
other costs necessary to operate and maintain
all motor vehicle equipment rented thereto.
There shall also be placed into Account A monies
which may from time to time be made specifically
available thereto by action of the City Council.
2. 'Account B' which shall be the sinking fund
depreciation account for capital recovery into
which shall be placed charges made to the depart-
ments of the City of Yakima from time to time as
funds are available and authorized by the City
Council to purchase new equipment and replace
used equipment as required to carry out the pur-
poses of the equipment rental fund. There shall
also be placed in Account B monies which are
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derived from the direct sales of any equipment
or other capital assets of the fund, interest
proceeds from invested funds and any monies which
may from time to time be made specifically avail-
able thereto by action of the City Co uncil."
Section 3. Section 3.15.060 of the City of Yakima Municipal 411
Code is hereby repealed.
Section 4. This ordinance shall be in full force and effect
thirty days after its passage, approval and publication as pro-
vided by law and by the City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this /VA
day of , 1981.
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( Mayor
ATTEST:
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