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9 <br /> <br />VII. DEBT SERVICE RES~RYE FUND APPROPRIATION <br /> <br />BE IT RESOLVED by the Council of the City of Charlottesville: <br /> <br /> A. There is hereby created the Debt Service Reserve Fund, <br />which shall serve as a permanent reserve for the payment of <br />principal and interest of bonds, notes and other evidences of <br />indebtedness issued by the City pursuant to its charter and/or <br />the Virginia Public Finance Act. <br /> <br /> Bi. The sum of $1,670,600 transferred to such fund by Part <br />II of this resolution, or as much thereof as may be necessary, <br />and sums hereafter to be transferred to the fund from the City's <br />utility funds, are hereby appropriated to pay such principal and <br />interest during the fiscal year beginning July 1, 1985 and ending <br />June 30, 1986. The director of finance shall establish procedures <br />to ensure that utility fund contributions to the fund are only <br />used for debt service on bonds issued for utility purposes. <br /> <br /> C. Appropriations in the Debt Service Reserve 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 interes't due on city obligations in future years. <br />However, this reserve fund has been voluntarily created by City <br />Council and is not required by state statute or by the provisions <br />of any existing bond ordinance, covenant or indenture. Accordingly, <br />appropriations thereto and balances therein may be reduced by <br />future action of this Council. <br /> <br /> D. There is hereby appropriated from the Landfill Fund, for <br />the operation of the sanitary landfill during such fiscal year <br />the sum of $953,922, or the amount of revenue actually received <br />by such fund, whichever shall be the lesser amount. Unexpended <br />amounts in this fund designated for equipment replacement as of <br />June 30, 1986 shall be carried over and used for such purpose in <br />subsequent fiscal years. <br /> <br /> E. There is hereby appropriated from the Social Services <br />FUnd~ for the operation of the Department of Social Services <br />during such fiscal year, the sum of $2,595,804, or whichever shall <br />be~the lesser amount. <br /> <br /> Each such special revenue fund appropriation shall be deemed <br />effective July 1, 1985. The balance of any General FUnd <br />contribution to such funds (with the exception of amounts <br />designated for equipment replacement in the Landfill Fund), not <br />expended or encumbered as of June 30, 1986 shall be deemed to <br />revert to the unappropriated balance of the General Fund, unless <br />the Council by resolution provides that any such sum shall be <br />deemed a continuing appropriation. <br /> <br />IX. INTERNAL SERVICES FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of Charlottesville <br />that the following appropriations are hereby approved for internal <br />services accounted for as separate funds on the books of the City, <br />for their respective programs during the fiscal year beginning <br />July 1, 1985 and ending June 30, 1986; the payments of individual <br />departments and agencies to each such fund having hereinabove been <br />appropriated in the General Fund and other applicable funds. <br /> <br /> A. There is hereby appropriated from. the Data Processing <br />Fund, for the operation of the Department of Data Processing <br />during the fiscal year beginning July 1, 1985, the sum of <br />$374,390, or the amount of revenue actually credited to such <br />fund from other city departments and agencies, whichever shall <br />be the greater amount. <br /> <br /> B. There is hereby appropriated from the Warehouse Fund, <br />for the operation of the Warehouse during such fiscal year, <br />the sum of $177,824, or the amount of revenue actually credited <br />t.o such fund from other city departments and agencies, which~¥er <br /> <br /> <br />