Chapter 3.64
STREET EQUIPMENT RENTAL FUND

Sections:

3.64.010    Created.

3.64.020    Source of funds.

3.64.030    Purpose.

3.64.010 Created.

There is created the city street equipment rental fund to be known as fund No. 501 of the city of Lake Forest Park. (Ord. 659 § 1, 1995)

3.64.020 Source of funds.

The city street equipment rental fund shall receive moneys obtained from a transfer from the city street fund. (Ord. 659 § 2, 1995)

3.64.030 Purpose.

The purpose of the city street equipment rental fund shall be for operation of fixed assets in the fund. A charge for use of these assets will be assessed to the city street fund, consisting of the following components:

A. Cost of maintenance and operation of equipment;

B. A depreciation charge; and

C. A replacement charge. (Ord. 659 § 3, 1995)