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269' <br /> <br />Ayes: <br />Noes: <br /> <br />Mr. Barnes, Mr. Buck, Mrs. Gleason, Dr. Gunter. <br />None. Absent: Dr. Hall. <br /> <br />I. ADOPTION OF BUDGET <br /> <br /> WHEREAS, the City Manager has caused to be prepared <br />and presented to City Council a proposed utility budget <br />for the fiscal year beginning July 1, 1986, and ending <br />June 30, 1987. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the <br />City of Charlottesville that such document and the <br />estimates and revenues and expenditures therein proposed <br />by the City Manager and debated and adjusted by the City <br />Council, are hereby adopted as the annual Utility Fund <br />budget of the City of Charlottesville, for informative and <br />fiscal planning purposes only, for the fiscal year <br />beginning July 1, 1986, and ending June 30, 1987; and that <br />a true and correct copy of the same, as adopted, shall be <br />kept on file in the records of the Clerk of the Council. <br /> <br />II. GAS FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of <br />Charlottesville, that there is hereby appropriated from <br />the Gas Fund, for the operation of the gas utility during <br />the~fiscal year beginning July 1, 1986 and ending June 30, <br />1987, the sum of $12,782,424, or the amount of revenue <br />actually received by such fund, whichever is the greater <br />amount. Such appropriation shall be effective July 1 <br />1986. ' <br /> <br />III. WATER FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of <br />Charlottesville, that there is hereby appropriated from <br />the Water Fund, for the operation of the water utility <br />during the fiscal year beginning July 1, 1986 and ending <br />June 30, 1987, the sum of $2,804,074, or the amount of <br />revenue actually received by such fund, whichever is the <br />greater amount. Such appropriation shall be effective <br />July 1, 1986. <br /> <br />IV. WASTEWATER FUND APPROPRIATION <br /> <br /> BE IT RESOLVED by the Council of the City of <br />Charlottesville, that there is hereby appropriated from <br />the Wastewater Fund, for the operation of the wastewater <br />utility during the fiscal year beginning July 1, 1986 and <br />ending June 30, 1987, the sum of $2,761,561, or the amount <br />of revenue actually received by such fund, whichever is <br />the greater amount. Such appropriation shall be effective <br />July 1, 1986. <br /> <br />RESOLUTION: <br /> <br />CONTRACT <br /> <br />PROVIDING FOR RENEWAL OF CITY MANAGER'S EMPLOYMENT <br /> <br /> The resolution providing for the renewal of the City <br />Manager's employment contract was moved by Mrs. Gleason, <br />seconded by Dr. Gunter, and unanimously approved by <br />Council. <br /> <br /> BE IT RESOLVED by the Council of the City of <br />Charlottesville, Virginia that the Employment Agreement <br />between the City Council and the City Manager, dated May <br />12, 1985, shall be renewed for an additional year <br />beginning July 1, 1986. The Manager's annual base salary <br />for such year shall be $66,000.00. The Manager may elect <br />to direct portions of such salary to a deferred <br />compensation account to the extent permitted by federal <br />and State income tax laws. All other terms and conditions <br />of the agreement on May 12, 1985 shall remain in full <br />force and effect. <br /> <br /> <br />