Title
SUPPLEMENTAL APPROPRIATION - Capital Improvement Fund
Drafter
ils
Body
WHEREAS, it has been the administration and Council's practice to transfer inheritance tax funds into the Capital Improvement Fund, which will assist in funding long term infrastructure improvements that will benefit citizens in the future;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That funding in the amount of THREE HUNDRED EIGHTY FOUR THOUSAND FIVE HUNDRED FIFTY FOUR DOLLARS ($384,554) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the General Fund to Account No. 101.991.5936, Transfer to Capital Improvements.
Section 2. That ORD-0001-2008, passed January 2, 2008, 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.