[Adopted as Ch. 1, Part 8, of the 1995 Code of Ordinances]
Pursuant to Act 77 of 1993, the Borough of Oakdale hereby establishes a budgetary
reserve account pursuant to Section 3156-B for all revenues to be received in 1994 and thereafter
from the sales tax authorized by Act 77 for use in paying for or reimbursing
the costs incurred during unanticipated fiscal emergencies, which
shall include, but not be limited to, all appropriate costs related
to adverse snowstorms or weather conditions specifically including
those in which emergencies are declared by the governor, or county
commissioners or the Borough Council, such as excess purchases of
materials or equipment, or rental thereof, overtime pay related thereto
and the necessary and proper costs incurred during or as a result
of such unanticipated fiscal emergency, including the cost of repairing
and repaving municipal roads and street systems, and water and sewer
lines which may be damaged as a result of such severe weather conditions
and the costs of other unanticipated fiscal emergencies as deemed
appropriate by the Council of the Borough of Oakdale.