Resolutions-2025-079

from the general fund. The City shall deposit any remaining amount received from the payment, award, judgment, or insurance settlement into the relevant fund or reserve b) 2)( 3( savings account. See Iowa Code § 384. effective July ( 1, 2025). 5. Unused moneys in the reserve savings account established pursuant to Iowa Code § 384. a) 2)( 3( will remain in the account at the end of each fiscal year and will rollover to the next fiscal year. 6. The fire department may, with City Council approval, use funds from the reserve savings account for the purchase of major equipment or vehicles for fire, rescue, or emergency medical services. 7. Nothing in this Resolution s ability or option to shall be construed to be limit the City' fund any fire, rescue, or emergency medical services through other funding sources, accounts, or mechanisms as permitted by law. 8. The City Clerk, City Administrator, and Mayor are authorized to take any action necessary for the creation of the reserve savings account, including executing financial documents, to establish said account and other actions needed to carry out this Resolution. On the 2151 day of October, 2025, at a regular meeting of the Tiffin City Council, Tiffin, Iowa, Councilperson Havens introduced RESOLUTION f!O. 079, A 2025® RESOLUTION APPROVING THE CREATION OF A RESERVE SAVINGS ACCOUNT FOR THE FIRE DEPARTMENT FOR THE. ACQISITION, POSSESSIO , AND MAI ENANCE OF FIRE, RESCUE, AND EMERGENCY MEDICAL SERVICE MAJOR EQUIPMENTAND VEHICLES, and made a motion for approval. Motion seconded by Councilperson Olney. Ayes: Orris, Olney, Schnedler, Limkemann, Havens. Nays: None. Absent: None. Whereupon five Council members were present and voted approval and Mayor Kasparek declared that. RESOLUTION NO. 079, A 2025- RESOLUTIO A'PROVING THE CREATION OF A RESERVE SAVINGS ACCOUNT FOR THE FI E DEPARTMENT FOR THE ACQUISITION, POSSESSION, AND MAIN l ENANCE FIRE, RESCUE, AND OF EMERGENCY M DICAL SERVICE MAJOR EQUIPMENT AN rw VEHICLES, to be adopted and signified his approval of the same by affixing his signature thereto. Passed by the City Council on the 21st day of October, 2025. City of Tiffin Tim Kasparek, ATTEST: Abigail a, City C erk 2