Chapter 3.68
EQUIPMENT REPLACEMENT FUND
Sections:
3.68.010 Establishment.
There is established an equipment replacement fund to be used for the replacement of any city-owned equipment involving an expenditure in excess of $750.00. A majority vote of the city council shall be necessary for any expenditures from the fund. (Ord. 1029 § 1, 1987).
3.68.020 Funding.
The equipment replacement fund shall be a line budget item funded by property taxes and by transfers from other funds. (Ord. 1029 § 2, 1987).