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(a) Establishment of Fund. The Administrative Services Vehicle Leasing Program Fund is established as a category six fund for the purpose of receiving funds work-ordered or transferred to the Department of Administrative Services by City departments for the use, maintenance, and replacement of City-owned general purpose vehicles, in accordance with the City's comprehensive fleet management program and Administrative Code Section 4.10-1.
(b) Use of the Fund. Money or property received into the fund shall be used exclusively for maintaining and replacing general purpose vehicles and for administering the vehicle leasing program.
(c) Administration of Fund. The Director of Administrative Services shall submit semi-annual reports to the Mayor and the Board of Supervisors regarding expenditures from the fund, including the number, type, and cost of vehicles purchased, the capacity of the fund to replace the City's fleet, and the rates charged to leasing departments.
(Added by Ord. 186-03, File No. 030980, App. 7/25/2003)