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239 <br /> <br /> A. The Debt Service Fund-shall serve as a permanent <br />reserve for the payment of~principal and interest of bonds, <br />notes and other evidences of indebtedness and the cost of <br />issuance thereof issued by the City pursuant to its charter <br />and/or the Virginia Public Finance Act. <br /> <br /> B. The sum of $2,600,000 transferred to such fund by <br />Part II of this resolution; or as much.~thereof as may be <br />necessary, is hereby appropriated_to,pay such debt service <br />expenses during the fiscal year~beginning~July 1, 1990 and <br />ending June 30, 1991. <br /> <br /> C. Appropriations in the Debt Service Fund shall be <br />deemed continuing appropriations, and balances remaining in <br />such fund at the end of each fiscal year shall be carried <br />forward to pay principal and interest due on City obligations <br />and costs associated with the issuance of those obligations <br />in future years. However, this reserve fund has been <br />voluntarily created by City Council and~is not required by <br />state statute or by the provisions of any existing bond <br />ordinance, covenant or-indenture. Accordingly, <br />appropriations thereto and balances therein may be reduced by <br />future action of this council. <br /> <br /> D. The sum of $220,000 is hereby transferred as a <br />contribution to the Charlottesville Redevelopment and Housing <br />Authority. <br /> <br />IX. SPECIAL REVENUE FUND APPROPRIATIONS. <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville, that the following appropriations are hereby approved <br />for agency expenditures accounted for as separate~funds on <br />the books of the City, for their respective programs during <br />the fiscal year beginning July 1, 1990 and ending June 30, <br />1991; the City contribution to each such fund~having <br />hereinabove been appropriated from the General Fund: <br /> <br /> A. There is hereby appropriated from~the Thomas <br />Jefferson Visitors and Convention Bureau Fund, for the <br />operation of the Thomas Jefferson Visitors and Convention <br />Bureau.during such fiscal year, the sum of $228,83!0, or the <br />amount of revenue actually received by such fund,.whichever <br />shall be the lesser amount. <br /> <br /> B. There is hereby appropriated from the School Pupil <br />Transportation Fund, for the ~operation ~of public school pupil <br />transportation during such fiscal year, the 'sum of <br />$1,-085,972,~ or ~the amount of~revenue actually received by <br />such fund, whichever shall~be the lesser amount. From the <br />last mentioned amount, the sum of $226,500 shall be allocated <br />as follows: (1) a sum sufficient to pay the debt service on <br />the lease or purchase of ten school buses shall be <br />transferred to the Debt Service Fund;~and (2)the remainder <br />shall be transferred'to the Equipment Replacement Fund and <br />reserved for the future replacement of school buses. <br /> <br /> C. There is hereby appropriated from the Community <br />Attention Fund, for the operation of the Community Attention <br />Homes and related programs during such fiscal year, the sum <br />of $1,196,351,~or the-amount of revenue actually ~received by <br />such fund, whichever shall be the lesser amount. <br /> <br /> D. There is hereby, appropriated from the Landfill Fund, <br />for the operation of the sanitary landfill during such fiscal <br />year, the sum of $3,803,469, or the amount of revenue <br />actually received by such fund, whichever shall be the lesser <br />amount. Unexpended amounts tin-this fund as o-f Ju~e 30, 1991 <br />designated for equipment replacement shall be carrie.d over <br />and used in subsequent fiscal years for the same or similar <br />purposes. <br /> <br /> <br />