HomeMy WebLinkAbout1712 Equipment Rental FundORDinANCE
AN ORDINANCE CREATING IN THE TREASURY OF THE CITY OF
PORT TOWNSEND A SPECIAL FUND TO BE DESIGNATED "EQUIPMENT
RENTAL FUND"; SPECIFYING THE PURPOSES FOR WHICH SAID
FUND IS CREATED; AND DIRECTING THE MANNER IN WHICH SAID
FUND SHALL BE EXPENDED.
THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, IN REGULAR SESSION
ASSEMBLED, DO ORDAIN AS FOLLOWS:
Section 1. That there be and there is hereby created and established
in the treasury of the City of Port Townsend 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 motor vehicle equipment,
and for the purchase of all equipment, materials and s~pplies to be
u?sed in the administration and operation of said fund.
Section 2. The equipment Rental Fund created herein shall be adminis-
tered by the Cierk-Treasurer's Department.
SeCtion 3. The schedule of charges to be paid into said Equipment
Rental Fund by the various offices and departments of the City of Port
Townsend renting motor vehicle equipment from said fund shall be as
follows:
(a). For the year 1974 charges to such particiDating funds or
departments as ~provided in the City's 1974 budget.
(b). For each year succeeding 1974 such charges as shall
reflect a reasonable rate to recover the costs of acquiring, maintaining
and operating such equipment, such charges having been ~nitially provided
in the annual budgets of the respectige departments and funds of the City.
,Section 4. The Clerk-Treasurer shall keep such books, accounts and
records as are ~necessary to control and report the financial operations
of the Equipment Rental Fund. And shall further subdivide the cash
account thereof 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 offices and departments of the City of Port Town-
send beginning in the year 1975 in accordance with the schedule con-
tained in Section 3 hereof which are specifically billed said offices
and departments to provide sufficient monies to pay the salaries,
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" monies which may from time to time
be made specifically available thereto by action of the City Council.
(b). Account "B" which shall be the "Equipment purchase and
Replacement Account", into which Shall be placed those portions of
the charges made to the various offices and departments of the City
of Port Townsend beginning in the year 1975 in accordance with the
schedule contained in Section 3 hereof which are specifically billed
said offices and departments to provide sufficient monies, having
first taken into consideration the necessary operating~and maintenance
costs billed under the preceding paragraph, to pay the costs of pur-
chasing new equipment and replacing used equipment as ~equired to
carry out the purposes of the Equipment Rental Fund. There shall also
be placed into Account "B" monies which are derived from the direct
sale of any of the equipment or other capital assets of the Fund and
any monies which may from time to time be made specifically available
thereto by action of the City Council.
Section 5. There is hereby transferred into "Equipment Rental Fund"
all vehic~]les equipment owned by the City of Port Townsend including
but not limited to automobiles, trucks, packers, pumpers, loaders,
backhoes and other equipment used by the several city departments.
Section 6. All monies deposited in said Equipment Rentm/ Fund and
not expended as provided herein, shall remain in said fund from
year to year and shall not be transferred to any other fund or ex-
Pended for any purpose whatsoever, except as is herein~provided;
provided, however, a~y monies .in the fund not needed therein may
from time to time be transferred by appropriate action of the
Council of the City of Port Townsend to the Current Expense Fund of
the City of Port Townsend.
~ection 7. If at any time hereafter the Council of the City of Port
Townsend shall abolish said Equipment Rental Fund, then all monies
on deposit therein shall revert to the Current Expense Fund of the
City of Port TOWnsend.
Section 8. That there be and there is hereby established a new
department to be known as "Equipment Department," said department to
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be responsible for the s~cheduling, dispatching, repairs and maintenance
~ all equipment bel~Dging to the Equipment Rental Fund. This section
hereby creates a new position to be designated as Equipment Department
Superin~e~ent~ responsible for administering and performing the above
Specified functions.
Section 9. This ordinance shall take effect upon its passage, approval
and publicatiom in the form and manner required by law~
Read for the First tim~ Passed by the City Council and Approved by
'~he Mayor this 2nd day of July, 1974.
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Appro~~
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