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1993_Ordinances
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1993_Ordinances
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U <br />issuance thereof issued by the City pursuant to its charter <br />and/or the Virginia Public Finance Act. <br />B. The sum of $3,609,128 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, 1993 and <br />ending June 30, 1994. <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 />associated with the issuance of those obligations in future <br />years. However, this reserve fund has been voluntarily created <br />by City Council and is not required by state statute or by the <br />provisions of any existing bond ordinance, covenant or <br />indenture. Accordingly, appropriations thereto and balances <br />therein may be reduced by future action of this council. <br />IX. SPECIAL REVENUE FUND APPROPRIATIONS <br />BE IT RESOLVED by the Council of the City of <br />• Charlottesville, that the following appropriations are hereby <br />approved for agency expenditures accounted for as separate funds <br />on the books of the City, for their respective programs during <br />the fiscal year beginning July 1, 1993 and ending June 30, 1994; <br />the City contribution to each such fund having hereinabove been <br />appropriated from the General Fund: <br />A. There is hereby appropriated from the <br />Charlottesville/Albemarle Convention and Visitors Bureau Fund, <br />for the operation of the Charlottesville/Albemarle Convention <br />and Visitors Bureau during such fiscal year, the sum of <br />$240,734, or the amount of revenue actually received by such <br />fund, whichever shall be the lesser amount. <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 $1,135,156, <br />or the amount of revenue actually received by such fund, <br />whichever shall be the lesser amount. From the last mentioned <br />amount, the sum of $162,375 shall be allocated as follows: (1) <br />a sum sufficient to pay the debt service on the lease or <br />purchase of three school buses shall be transferred to the Debt <br />Service Fund; and (2) the remainder shall be transferred to the <br />Equipment Replacement Fund and reserved for the future <br />replacement of school buses. <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 of <br />6 <br />
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