Impact
WARD: Ward
COMMITTEE:
$ IMPACT:
Title
Approval of a Vehicle Replacement Fund Policy
Body
ISSUE:
Vehicle Replacement Fund Policy
BACKGROUND:
The Vehicle Replacement Fund Policy establishes the guidelines for replacement of vehicles and equipment for the City. The criteria for the replacements is utilized by the Finance department to develop a funding stream for the vehicle replacement fund to fund current and future vehicle and equipment needs.
RECOMMENDATION/REQUESTED ACTION:
Approval of the proposed Vehicle Replacement Fund Policy.