HomeMy WebLinkAbout04-64 RESOLUTIONtt—
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RESOLUTION NO. 0'X67"
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41•19•
A RESOLUTION ESTABLISHING A REPLACEMENT FUND FOR THE CITY OF
FAYETTEVILLE, ARKANSAS; PROVIDING FOR THE REPLACING OF MONEYS USED
FROM A REPLACEMENT FUND; FIXING THE RESPONSIBILITY FOR UTILIZING A
REPLACEMENT FUND; PROVIDING A BUDGET FOR A REPLACEMENT FUND;
AND FOR OTHER PURPOSES.
WHEREAS, the City of Fayetteville has a substantial investment in vehicles and
machinery that is used by the various departments of the City, and
WHEREAS, the replacement of vehicles and machinery is a major financial
problem in the operations of the City of Fayetteville, and
WHEREAS, Ordinance Number 1085, passed and approved June 20, 1955, pro-
vides a "Vehicle and Maintenance Equipment Replacement Fund", which is inadequate
for today's needs, and
WHEREAS, Ordinance Number 1382, passed and approved January 13, 1964,
provides for the establishment of funds;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FAYETTEVILLE, ARKANSAS:
SECTION 1. That there is hereby appropriated from the unappropriated sur-
plus of the General Fund the sum of $ 4 pfl.00 , from the unappropriated surplus
of the Public Works Fund the sum of $ ,$,$4,6,00 , and from the unappropriated
surplus of the Shop Fund the sum of $ ,j'p0.0/9 , all of which to be credited to a
fund which is hereby designated as the "Replacement Fund", for the purpose of pro-
v'i'ding funds for the replacement of vehicles and machinery used by all department of
the City.
SECTION 2. That each and every month from and after the passage and
approval of this resolution, until terminated by appropriate action of the City Council,
there shall be appropriated from the General Fund the sum of $ itet.se per
month, from the Public Works Fund the sum of $ fes.6per month, and
from the Shop Fund, the surn of $ „2„47 j per month, all of which shall
be credited to the "Replacement Fund'', for the purpose set forth in Section 1 hereof.
SECTION 3. Expenditures from the Replacement Fund shall be made by
resolution passed and approved by the City Council in special or regular session and
only for the replacement of vehicles and machinery listed on the schedule which is
attached and hereby made a part of this .resolution as Exhibit L. •
Resolution No. 44-G `' - 2 _
et
SECTION 4. A new schedule of vehicles and machinery and a budget for the
Replacement Fund shall be prepared and submitted to the City Council at the same
time, in and same manner, and subject to any and all rules and regulations governing
the preparation and submission of the annual budget.
SECTION 5. The money in the Replacement Fund shall be continuously
invested and reinvested by the City Controller in direct obligations of, or obligations,
the principal of and interest on which are unconditionally guaranteed by the United
States Government.
SECTION 6. The accounting records of the Replacement Fund shall be
maintained by the Department of Finance on the cash basis.
ADOPTED:055/6 , 1964.
ATTEST:
G_EORGIL -J.DVIS, CITY CLERK
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4.7
APPROVED:
GUY
BROWN, MAYOR
Exhibit 1
Equipment
Number Year
Building Inspect
24 1959
25 1960
Dog Pound
GENERAL FUND
Year Replacement
and Mike Obtained Cycle Year Cost
ion Department
Int. P.U. 1959 }``
Ford P.U.. 1960
7 1955 Ford
Fire Department
110
111
112
113
114
115
116
P.U.
1961 Ford 4 dr
1958 Ford Seagraves
1948 Seagraves
1949 Seagraves
1958 Ford LaFrance
1962 Ford LaFrance
1960 Ford LaFrance
Annual
Replacement
Cost Total
1964
1965 1,.227 245
1962 3 1965 550
1961
1958
1948
1949
1958
1962
1960
4 1965 1,752
15 1973 13,813
20 1968 17,200.
20 1969 17,200
15 1973 11,900
15 1977 13,394
15 1975 13,495
438
921
860
860
793
893
900
591
183
5,665
Police Department
1 ,.1963 Chev. 4 dr 1963 1 1964 1,672 1,672
2 .. ' 1962 Chev. 4 dr 1962 2 1964t 2,205 1,103
3 1963 Chev. 4 dr 1963 1 196 1,672 1,672
4 1962 H.D. Mtr. Cycle 1963' 5 1968 1,368 274
5 1961 Cushman 1961 3 1964 1,248 416
6 1957 H.D. Mtr. Cycle 1957 5 1962 926 225
8 1963 Chev. 4 dr 1963 1 1964 1,672 1.672 7,034
Parking Meters
8
1961 Cushman
Sanitation Department
1961 5 1966 1,251 250 250
Total General Fund
11 1950 Chev N.B.
3 1960 Int H.P.
13 1956 GMC M.B.
51 1947 Jeep
7 1955 Int P.M.
8 1959 Int P.M.
10 1956 Ford P.M.
12 1956 Ford P.U.
2 1957 Ford P.M.
5 1957 Ford P.M.
1 1959 Int. P.M.
6 1962 Dodge H.P.
9 1963 Int P.M.
4 1963 Int P.M.
PUBLIC WORKS FUND
1950
1960
1956
1958
1955
1959
1956
1956
1957
1957
1959
1962
1963
1963
5 1955 1,621
6 1967 6,623
5 1961 1,893
7 1965 300
6 1962 4,975
6 1966 5,625
6 1963 6,046
5 1961 1,595
6 1964 6,321
6 1964 6,321
6 1966 6,535
6 1969 6,490
6 1970 6,730
6 1970 6,730
13,723
324
1,104
379
43
829
938
1,008
319
1,054
1,054
1,089
1,082
1,105
1412i 11,433
tom.
Equipment
Number Year
i
and Make
Street Department
53
1
2
34
5
6
7
8
9
10
11
14
16
17
18
19
20
21
26
27
25
31
32
33
1953
1953
1952
1958
1958
1940
1957
1949
1960
1954
1948
1950
1950
1950
1961
1946
1958
1961
1960
1950
1946
1956
1948
1954
1961
1961
1962
Annual
Year Replacement Replacement
Obtained Cycle Year Cost Cost Total
Cat. Dozer 1953 10 1963 8,203 820
Int. D.T. 1953 6 1959 2,258 376
Int. D.T. 1952 6 1958 3,050 508
Ford D.T. 1958 6 1964 3,407 567
Ford P.U. 1958 6 1964 1,373 229
Chev. F.B. 1940 10 1950 1,850 185
Ford D.T. 1957 6 1963 3,490 581
Dodge Wrecker 1949 10 1959 1,106 111
Dodge D.T. 1962 6 1968 1,500 250
Gallion Roller 1954 15 1969 4,500 300
Int. D.T. 1953 6 1959 800 133
A.W. Grader 1950 8 1958 12,205 1,525
A.W. Grader 1963 8 1971 3,500 438
Leaf Loader 1950 15 1965 2,487 166
Int. Loader 1961 8 1969 12,571 1,571
Dodge Sprayer 1950 15 1965 5,475 365
Ford. Tractor 1958 5 1963 3,343 669
Ford Tractor 1961 5 1966 .2,080 416
Int. D.T. 1960 6 1966 2,406 401
Chev. F.B. 1950 10 1960 1,621 162
Int. W.T. 1955 10 1965 2,655 266
G.M.C. Trailer 1960 12 1972 1,500 125
Chev. F.B. 1955 10 1965 500 50
Ford D.T. 1959 6 1965 900 150
Wayne Sweeper 1961 12 1973 9,185 765
Dodge D.T. 1961 6 1967 6,134 1,022
A.W. Grader 1962 8 1970 15,320 1,915 11,566
Total Public Works and
1953 Ford P.U.
30 1955 Ford P.U. 1963
SHOP FUND
1960 3 1963 795 265
3 1966 300 100 365
General Fund
Public Works Fund:
Sanitation Department
Street Department
Total
Shop Fund
Grand Totals
22.999
SUMMAR-
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Annual
13,723
11,433
11,566
22.999
365
37,087
Monthly
1,144
953
964
1,917
30
3,091