Chapter 3.90CUMULATIVE RESERVE FUND FOR THE PURCHASE OF POLICE VEHICLES AND VEHICLE EQUIPMENT

Sections:

3.90.010
Fund for purchase of police vehicles – Created.
3.90.020
Deposit of moneys into fund.
3.90.030
Accumulation of moneys in fund – Maximum amount.
3.90.010Fund for purchase of police vehicles – Created.

There is created for the city a separate police vehicle fund which shall be a cumulative reserve fund and shall be entitled “cumulative reserve fund for the purchase of police vehicles and vehicle equipment.”

(Ord. 1003 § 1, 1994)

3.90.020Deposit of moneys into fund.

Twenty percent of all moneys received as the city’s share of Cle Elum police/municipal court fines shall be deposited into the cumulative reserve fund on an ongoing basis effective May 1, 1994.

(Ord. 1003 § 2, 1994)

3.90.030Accumulation of moneys in fund – Maximum amount.

The moneys in the cumulative reserve fund shall be allowed to accumulate and used for the purpose from year to year until the fund is terminated by appropriate ordinance of the city. The maximum amount to accumulate in this fund is twenty-five thousand dollars.