A. Account “A”, which shall be the “current operating account,” into which shall be placed those portions of the charges made to the various divisions and departments of the city, in accordance with the provisions of Section 3.40.030, which are specifically billed the divisions and departments to provide sufficient moneys to pay the salaries and wages, materials, overhead or other costs necessary to operate and maintain all equipment rented thereto. There shall also be placed into account “A” moneys which may from time to time be made specifically available thereto by action of the city council.

B. Account “B”, which shall be the “equipment reserve account,” into which shall be placed those portions of the charges made to the various divisions and departments of the city, in accordance with the provisions of Section 3.40.030 hereof, which are specifically billed said divisions and departments to provide sufficient moneys, having first taken into consideration the necessary operating and maintenance costs billed under the preceding paragraph, to pay the costs of purchasing new equipment and replacing used equipment as required to carry out the purposes of the equipment rental fund. There shall also be placed in account “B” moneys which are derived from the direct sale of any of the equipment or other capital assets of the fund and any moneys which may from time to time be made specifically available thereto by action of the city council. (Ord. 1021 §22, 1995; Ord. 223 §1 (part), 1971).