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104 <br /> <br />Fund, unless this Council by resolution provides that <br />such sum shall be a continuing appropriation. <br /> <br />any <br /> <br />III. ~ TRANSIT FUND APP. ROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville, that there is hereby appropriated from the Transit <br />Fund, for the operation of the transit bus system during the <br />fiscal year beginning July 1, 1988 and ending June 30, 1989, <br />the sum of $1,509,380, or the amount of revenue actually <br />received by such fund, whichever is the greater amount. Such <br />appropriation shall be.effective July 1, 1988. <br /> <br />IV. RISK MANAGEMENT APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville, that all sums previously appropriated to the Risk <br />Management Fund, and all sums received by such fund as <br />payment from other City funds, are hereby appropriated for <br />the uses prescribed for such fund, pursuant to the terms of, <br />and subject to the limitations imposed by Article XVIII of <br />Chapter 2 of the Code of the City of Charlottesville, 1976, <br />as amended. <br /> <br />V. EQUIPMENT REPLACEMENT FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville: <br /> <br /> There is hereby appropriated from the Equipment <br />Replacement Fund other sums received by such fund as payment <br />from other City funds, for the lease, financing or purchase <br />of motor vehicles and related equipment and for accumulation <br />of a reserve for future equipment purchases during the fiscal <br />y~ar~beginning July 1, 1988 and ending June 30, 1989. Such <br />appropriation shall be effective July 1, 1988; provided that <br />such appropriations shall not be deemed to expire at the end <br />of such fiscal year, but shall continue in~ effect unless <br />altered by further action of City Council. Of the sums <br />received by the Equipment Replacement Fund, a sum sufficient <br />to service the debt on any pieces of general governmental <br />equipment obtained under a master lease, credit line, or an <br />installment purchase agreement shall be transferred to the <br />Debt Service Fund. <br /> <br />VI. FACILITIES REPAIR FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottes- <br />ville: <br /> <br /> The sum of $400,894 transferred to the Facilities Repair <br />Fund under Part II of this resolution, and such other sums as <br />may be transferred to this fund from other funds during the <br />fiscal year beginning July 1, 1988 are appropriated for <br />carrying out the purposes of this fund during that fiscal <br />year. However, such appropriation shall not be deemed to <br />expire at the end of the fiscal year, but shall continue in <br />effect unless altered by further, action of this Council. <br /> <br />VII. DEBT SERVICE FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of <br />Charlottesville: <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 />Part II <br /> <br />The sum of $1,992,124 transferred to such fund by <br />of this resolution, or as much thereof as may be <br /> <br /> <br />