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C. There is hereby appropriated from the Water Debt Service Fund the sum of $875,000 in revenue (transfer from the Water Fund), $1,500,000 in anticipated bond • proceeds and $480,277 in principle and interest payments. XVI. PAY PLAN APPROVAL BE IT RESOLVED by the Council of the City of Charlottesville that the Employee Classification and Pay Plan for the City of Charlottesville dated July 1, 2006 and effective on that same date, which assigns salary ranges to each class or position in the City service is hereby approved pursuant to Section 19-3 and 19-4 of the City Code, 1990, as amended and a copy of the same shall be kept on file with the records of the meeting at which this resolution is approved. XVII. PAY ADJUSTMENT FOR RETIREES BE IT RESOLVED by the Council of the City of Charlottesville, that the Retirement Plan Commission is authorized and directed to provide for the payment from the Retirement Fund of a post-retirement supplement of 2% of the current retirement pay of each presently retired employee effective July 1, 2006. XVIII. GOLF FUND BE IT RESOLVED by the Council of the City of Charlottesville, that there is • hereby appropriated from the Golf Fund, for the operation of the golf courses during the fiscal year beginning July 1, 2006 and ending June 30, 2007, the sum of $1,171,197, or the amount of revenue actually received by such fund, whichever is the greater amount. Such appropriation shall be effective July 1, 2006. • Approved by Council April 11, 2006 C r f City Council 16