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VI. EQUIPMENT REPLACEMENT FUND APPROPRIATION <br />• BE IT RESOLVED by the Council of the City of <br />Charlottesville: <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 of <br />motor vehicles and related equipment and for accumulation of a <br />reserve for future equipment purchases during the fiscal year <br />beginning July 1, 1991 and ending June 30, 1992. Such <br />appropriation shall be effective July 1, 1991; provided that <br />such appropriations shall not be deemed to expire at the end of <br />such fiscal year, but shall continue in effect unless altered by <br />further action of City Council. Of the sums received by the <br />Equipment Replacement Fund, a sum sufficient to service the debt <br />on any pieces of general governmental equipment obtained under <br />a master lease, credit line, or an installment purchase <br />agreement shall be transferred to the Debt Service Fund. <br />VII. FACILITIES REPAIR FUND APPROPRIATION <br />BE IT RESOLVED by the Council of the City of <br />Charlottesville: <br />The sum of $502,318 transferred to the Facilities <br />Repair Fund under Part II of this resolution, and such other <br />• sums as may be transferred to this fund from other funds during <br />the fiscal year beginning July 1, 1991 are appropriated for <br />carrying out the purposes of this fund during that fiscal year. <br />However, such appropriation shall not be deemed to expire at the <br />end of the fiscal year, but shall continue in effect unless <br />altered by further action of this Council. <br />VIII. DEBT SERVICE FUND APPROPRIATION <br />BE IT RESOLVED by the Council of the City of <br />Charlottesville: <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 />B. The sum of $3,200,000 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, 1991 and <br />ending June 30, 1992. <br />C. Appropriations in the Debt Service Fund shall be <br />deemed continuing appropriations, and balances remaining in such <br />• fund at the end of each fiscal year shall be carried forward to <br />pay principal and interest due on City obligations and costs <br />5 <br />