HomeMy WebLinkAboutOrdinance 1085 ORDINANCE N0.
AN ORDINANCE APPROPRIATING $1,400 . 00 MONTHLY FROM GENERAL REVENUES FOR THE PURPOSE
OF PROVIDING FUNDS FOR THE MAINTENANCE AND REPLACEMENT OF VEHICLES, AND MAINTENANCE
EQUIPMENT WITHIN THE CORPORATE LIMITS OF THE CITY OF FAYETTEVILLE, ARKANSAS, AND
FOR OTHER PURPOSES .
WHEREAS, it is the desire of the City Council of the City of Ehyetteville,
Arkansas , to create a cash fund for the purpose of replacing depreciated and obsolete
vehicles and other maintenance equipment used by all departments of the City except
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the , and Water Departments, .
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY. OF FAYETTEVILLE, ARKANSAS ;
Section 1. That there is hereby appropriated from the general revenue funds
of the City of Fayetteville , the sum of One Thousand Four Hundred Dollars ( $1, 400.00 )
per month to be credited to a fund which is hereby designated as the "Vehicle and
Maintenance Equipment Replacement Fund, " for the purpose of providing funds for the
replacement of depreciated and obsolete vehicles and other maintenance equipment used
by all departments of the City, except the and Water Departments .
Section 2 . That each and every month , from andf-'after. the passage and approval
of this ordinance, until terminated by appropriate action of the City Council, there
shall be appropriated from the general revenue funds of the City of Fayetteville , the
sum of One Thousand Four Hundred Dollars ($13400. 00 ) per month which shall be credited
to the "Vehicle and Maintenance Equipment Replacement Fund" for the purposes set forth
in Section 1 hereof.
Section 3 . That the City Council may at any time hereafter direct the deposit
of the funds credited to the "Vehicle and Maintenance Equipment Replacement Fund" ,
as a general deposit in arty bank or banks of this City, either in a checking or
savings account ; or the investment of said funds in bonds which are the direct
obligations of or the principal and income of which are unconditionally guaranteed
by the United States of America .
Section 4. That all revenues and expenditures from the "Vehicle and Maintenance .
Equipmeht Replacement Elul" shall be accounted for independently of ether funds .
Section 5. That the appropriations hereinabove authorized shall not be diverted
by the City Council except in the event of emergency . For the purposes of this section
"emergency" shall be defined as a sudden, unexpected and unforeseen condition or
occurence in mdnicipal affairs of such public gravity and exigency as to require
forthwith municipal action, and does not mean expediency, convenience, or best interests .
Section 6. For the purposes of this ordinance, "vehicle and maintenance
m . Vin. it�Ms �c �ri..1fr. e%id'v all ekla.{;ft* s of tFe Ctrl utceP bfc se. c,
equipment" shall mean any and all - :k used bye ' _
auc�. V.latc`. - - -. pAiGRUFILMED
1jjW Departments of the City of Fayetteville, Arkansas .
• REEL_
Section 7 . All ordinances or parts of ordinances in conflict herewith are
hereby repealed and . this ordinance shall take effect and be in full force and effect
from and after its passage and approval.
PASSED AND APPROVED MIS O DAY OF JUNE, 1955 .
RGY . A . SCOTT$ Mayor
ATTEST :
J. W. McGEHEE, City Clerk
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