There is hereby created the
Fire/Rescue Production Revolving Fund
, a permanent fund of the City, into which shall be deposited all revenues derived
from Fire/Rescue training production sales and all revenues derived from production
activities undertaken for other agencies of the City from July 1, 1994, and thereafter,
together with such monies as may be appropriated by the Council, from time to time.
Such monies, as they are deposited in the fund, are hereby appropriated for the purposes
stated herein. The Director of Finance and Administration is authorized and directed
to make disbursements from this fund upon written request of the Director of Fire
and Rescue, or his designee, for the purpose of funding purchases of supplies, materials
and equipment which support Fire/Rescue training. The monies deposited in this fund
shall not lapse at the end of any fiscal year and shall remain available for expenditure
for the purposes set forth herein. The fund shall be subject to review and audit by
the Council Auditor.