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(A) A non-reverting fund is hereby established within the budget of the Common Council to provide for the replacement of City of Madison Fire Department property; specifically, self-contained breathing apparatus (SCBA) and related components including the air cylinders, face masks, harnesses, electronic components, air compressor, filling station and others as may be applicable and for that purpose only.
(B) The sole disbursement authority for this account shall be the City of Madison Board of Public Works and Safety.
(C) Except as may be otherwise stated herein, funds contained in the account shall be expended only with the express and written approval of the City of Madison Board of Public Works and Safety following a written detailed request from the City of Madison Fire Chief. Further, the City of Madison Board of Public Works and Safety is hereby granted the authority to purchase additional self-contained breathing apparatus from the fund should the need arise following a determination by the City of Madison Board of Public Works and Safety that sufficient monies are available in the fund and that the expenditure will not affect the purchase of replacement self-contained breathing apparatus.
(D) Except as may be otherwise stated herein, funds contained in the account shall be expended only for the purchase of new replacement items. However, funds may be expended for the refurbishment of existing components or the purchase of factory rebuilt items provided that the refurbishment or rebuilt items results in an extended service life of a minimum of five years and the equipment meets all applicable standards in effect at the time of the refurbishment.
(E) The Common Council shall appropriate annually appropriate an amount for deposit into this fund. Additionally, any and all interest earned from the monies in this account shall be returned to the fund without exception.
(F) It shall be permissible for amounts from private donors and other sources to be deposited into this fund.
(G) The account shall be non-reverting and exist perpetually unless terminated by a subsequent ordinance enacted by the Common Council.
(H) If the account is terminated by a subsequent ordinance enacted by the Common Council, the remaining balance of the terminated account shall revert to the general budget of the Common Council of the City of Madison, Indiana.
(Ord. 2011-13, passed 7-19-11)