(a) The Director of Finance is hereby authorized and directed to deposit fees and charges for services generated by the Fire Department, grants, donations, investment revenue and other revenue directed by Council including, but not limited to, fees from EMS and Fire Services to the Village of Waite Hill and fees from EMS services from non-residents of the City of Willoughby Hills into the Fire Department Property, Plant and Equipment Capital Fund.
(b) Expenditures shall be made from the Fire Department Property, Plant and Equipment Capital fund for the cost of engineering, design and construction or renovation of Fire Department facilities, and the purchase of major pieces of capital equipment including but not limited to fire ambulances, fire trucks, safety vehicles, or the cost of issuing debt to finance said purchases and the annual debt service on any debt issued for this purpose."
(Ord. 2016-8. Passed 2-25-16.)