File #: ORD-0202-2011    Version: 1 Name: Supp. App./PERS Early Retirement Incentive
Type: Ordinance Status: Passed
File created: 10/3/2011 In control: City Council
On agenda: Final action: 10/17/2011
Title: SUPPLEMENTAL APPROPRIATION - Early Retirement Incentive
Indexes: ORDINANCE, STREETS, SUPPLEMENTAL
Title
SUPPLEMENTAL APPROPRIATION - Early Retirement Incentive
 
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WHEREAS, the City has received another early retirement incentive that will be effective November 30, 2011; and
 
WHEREAS, a supplemental appropriation is being requested for the anticipated cost of the buyout;
 
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
 
Section 1.  That funding in the amount of FORTY SIX THOUSAND DOLLARS ($46,000) is hereby supplementally appropriated from the unappropriated, unencumbered balance of the general fund to Account No. 101.991.5932, Transfer to Street Fund.
 
Section 2.  That funding in the amount of FORTY SIX THOUSAND DOLLARS ($46,000) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the Street Fund to Account No. 220.330.5131, Streets, PERS.
 
Section 3.  That ORD-0001-2011, passed January 3, 2011, is hereby amended to reflect this supplemental appropriation.
 
Section 4.  That this ordinance shall be in full force and effect after passage by this Council and on date of signature approval by the Mayor.