(a) There is hereby established an escrow fund account within the general fund known as the regulatory agency surcharge fund, account number 02-201015, except sanitation equipment capital fund, account number 02-201016.
(b) All revenues and the interest derived therefrom deposited in this account shall be as delineated by ordinance from the sanitation collection and disposal services revenue accounts 4151 and 4185.
(c) Disbursement of funds from this account shall be restricted to the procurement of new or replacement equipment required to provide municipal solid waste services.
(d) Request for new or replacement equipment shall be fully justified by the director of public works and approved by council resolution for emergency procurement and by council approval of capital purchases in the annual departmental budgets.
(Prior Code, § 1-120; Ord. of 3-27-1990)