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<br />FURTHER RESOLVED that expenditures may be made f'or <br /> <br />the purchase of' replacements f'or the specified piece of' equip- <br /> <br />ment only, and such expenditure must be approved by the City <br /> <br />Manager and the City Council. Adjustments upward or downward <br /> <br />may be made by the City Manager and City Co~cil at the time <br /> <br />of purchase to meet prevailing market conditions. Upward ad- <br /> <br />just:rnents may be ef'fected by transfer) from the Unbudgeted <br /> <br />Reserve and downward adjustments by allowing any unexpended <br />amounts to remain in the "Equipment Heplacement Fund" or by <br /> <br />transferring it to other appropriate accounts. <br /> <br />FURTHER RESOLVED that the balance in the Equipment <br /> <br />Replacement Fund in the amount of Eleven Hundred Fifty-Five <br />and 54/100 Dollars ($1155.54), which sum is not specifically <br /> <br />I <br /> <br />allocated, shall be disbursed or trMlsferred only upon reso- <br /> <br />lution of' the City Council of the City of Redwood City. <br /> <br />~r <br /> <br />" <br />I~ <br /> <br />" <br />~~ <br /> <br />?r <br /> <br />v <br />iC" <br /> <br />-3- <br />