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HomeMy WebLinkAbout3178 · AN ORDINANCE relating to the establishment of an Equipment Rental Fund, prescribing the use of said fund, the purchase, repair maintenance and operation of city-owned equipment. THE CITY OF BREMERTON DOES ORDAIN: .~1: EQUIPMENT RENTAL Fb~D CREATED: There is hereby created~an Equipment Rental Fund which shall include an Equipment Rental Operating Account to be used as a revolving fund to be e×pended for salaries, wages and operations required for the repair, maintenance and operation of equipment and the purchase of equipment, materials and sup~lies to be used in the administration an0 operation of the Fund, and an Equipment Rental Reserve Account, to be used as a revolving fund to be expended for the purchase and replacement of equipment. SECTION 2: FUNDS - ADMINISTRATION: The Eauipment Rental Fund shall be administered by ~ ~/$~~ ~ ~e in accordance with the Intragovernmental Services Manual published by the Washington State Auditor. SECTION 3: PERSONNEL: There shall be employed by the City Council of the City of Bremerton, such employees as shal~. be necessary to carry out the functio~ of the Equipment ~nd. SECTION 4: EQUIPMENT INCLUDED: All trucks, passengers cars and construction equipment currently in use by the street shall be in an equipment pool operated by~ ~$~~~ within said Fund. SECTION 5: FUND TRANSFER: Ail funds on deposit with the City Treasurer, all accounts receivable snd all outstanding obligations of the current Equipment Rental Fund shall be transferred to the Fund herein established on the effective date of this ordinance. SECTION 6: E'~U!PMENT USE CHARGES: The street department shall pay' into the Equipment Rental Operating Account, monthly £or each item an amount equal to the actual cost of the Fund of servicing and maintaining such items including salaries, wages, materials and supplies. In addition, the street department shall pay into the Equipment Rental Reserve Account monthly a charge for replacement for each item based on the estimated useful life of the particular item. The monthly "Rates for equipment use", will be established by the City Council Resolution on an annual basis upon approval of the budget. SECTION 7: RECORDS AND ACCOUNTS: The shall keep such records and accounts as directed by the City Council and in accordance with the Intragovernmental Services Manual as published by the Washington State Auditor. SECTION 8: PURCHASES: All purchases made from the Fund shall be in accordance with the Charter and Ordinances of the City of Bremerton. SECTION 9: EXPENDITURES: Any withdrawals or expenditures from said Equipment Rental ~nd shall be made only upon approved payrolls ~nd vouchers of the City. SECTION 10: DEPOSITS: All monies deposited in the EQuipment Rental Operating Account and in the Equipment Rental Reserve Account, including amounts included therefore in the annual budget of the City, and nat expende8 as in this ordinance provided, will remain in the Fund from year to year and shall not be transferred to any other fund or expended for any purpose whatsoever, e×cept as in this ordinance provided; Provided, how- ever, that any money in the Equipment Rental Fund not currently required may be invested by the City Treasurer after consultation with the Investment Control Committee. SECTION 11: DISPOSITION: If at any time hereafter the Council of t~e City o£ Bremerton shall abolish said Equipment Rental Fund, all monies on deposit therein shall revert to the appropriate fund of the City of Bremerton. 2 SI~CTION 12: EFFECTIVE DATE: This ordinance shall take effect on the first day of January, 1975. APPROVED by the City Council on the first rea.ding this P.~SSED by the City Council of the City of Brem~e~, sig~ed by the ~mayOr ~d attested by the City Clerk in authenti- cation of such passage this ~r~ of ~, 1974. day ATTEST: