File #: ORD. 15-048    Version: 1 Name: Transfer Funds to Rec/Aquatic Fund
Type: Ordinance Status: Adopted
File created: 7/27/2015 In control: City Council
On agenda: 7/27/2015 Final action: 7/27/2015
Title: AN ORDINANCE AUTHORIZING THE TRANSFER OF CASH FUND BALANCES FROM THE GENERAL FUND TO THE RECREATION & AQUATIC CENTER FUND
Sponsors: Shawn M. Cleary

Title

AN ORDINANCE AUTHORIZING THE TRANSFER OF CASH FUND BALANCES FROM THE GENERAL FUND TO THE RECREATION & AQUATIC CENTER FUND

Body

WHEREAS, it is necessary that the Finance Department transfer funds from the General Fund to the Recreation & Aquatic Center Fund in order to balance the budget for the calendar year ending December 31, 2015; and

 

WHEREAS, Ohio Revised Code Sections 5705.14 and 5705.16 requires the affirmative vote of two-thirds of its Council members prior to any such transfer by a City's Finance Department.

 

NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GROVEPORT, FRANKLIN COUNTY, OHIO, A MAJORITY OF ITS MEMBERS CONCURRING:

 

Section 1:  That the cash transfer of $118,000 is hereby authorized from the General Fund to the Recreation & Aquatic Center Fund  for the purpose of design and construction administration for the Recreation Center Roof Project.

 

Section 2:   That the Director of Finance of the City is hereby directed to transfer funds from the General Fund to the Recreation & Aquatic Center Fund.  

 

Section 3:  That for the reasons stated in the preamble hereto which are made a part hereof, this Ordinance shall take effect and be in full force from and after the earliest period allowed by law.

 

 

 

 

_____________________________

Lance Westcamp, Mayor

 

 

_____________________________

Ruthanne Sargus Ross, Clerk of Council

 

Approved as to form:

 

 

_____________________________

Kevin C. Shannon, Law Director