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File #: ORD-0190-2010    Version: 1 Name: Supp. App./Olde & West Gahanna TIF
Type: Ordinance Status: Passed
File created: 11/15/2010 In control: City Council
On agenda: Final action: 12/6/2010
Title: SUPPLEMENTAL APPROPRIATION - OLDE & WEST GAHANNA TIF
Indexes: ORDINANCE, SUPPLEMENTAL, TIF - TAX INCREMENT FINANCING
Title
SUPPLEMENTAL APPROPRIATION - OLDE & WEST GAHANNA TIF
 
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Body
WHEREAS, the amount of the distribution was larger than anticipated resulting in the need for additional funds for the Olde & West Gahanna TIF; and
 
WHEREAS, the Director of Finance has requested a supplemental appropriation to cover the amount needed;
 
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
 
Section 1.  That EIGHT THOUSAND FOURTEEN DOLLARS ($8,014) is hereby appropriated from the unencumbered, unappropriated balance of the TIZ Fund to Account No. 224.343.5833.4, Mifflin Township Reimbursement.
 
Section 2.  That ORD-0001-2010, passed January 2, 2010 is hereby amended to reflect this supplemental appropriation.
 
Section 3.  That this ordinance shall be in full force and effect after passage by this Council and on date of signature approval by the Mayor.