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SUPPLEMENTAL APPROPRIATION - Development PERS
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WHEREAS, the City has offered buyouts for certain employees to retire early and completed Early Retirement Incentive forms have been received; and
WHEREAS, a supplemental appropriation will be needed for the anticipated cost of the buyout for the Director of Development;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, STATE OF OHIO:
Section 1. That funding in the amount of ONE HUNDRED THIRTY FIVE THOUSAND DOLLARS ($135,000) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the General Fund to Account No. 101.343.5131, Development PERS.
Section 2. That ORD-0001-2011, passed January 3, 2011, 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.