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2006_0620_Packet
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2006_0620_Packet
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4 From time to time the City Council shall establish additional replacement funds as the <br />need and funding ability becomes available <br />Implementation <br />The City shall use replacement funds to assist in the replacement of equipment, vehicles, and <br />building maintenance. New equipment or buildings are to be funded from new dollars, unless <br />they are designated to replace currently depreciated assets. Funds from the replacement �und� <br />may be used up to the amount available from depreciation of the replaced asset. Any additional <br />funding shall be from new sources. <br />
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