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File #: ORD-0189-2010    Version: 1 Name: Supp. App./Eastgate TIF/Triangle
Type: Ordinance Status: Passed
File created: 11/15/2010 In control: City Council
On agenda: Final action: 12/6/2010
Title: SUPPLEMENTAL APPROPRIATION - EASTGATE TIF/TRIANGLE
Indexes: ORDINANCE, SUPPLEMENTAL, TIF - TAX INCREMENT FINANCING
Title
SUPPLEMENTAL APPROPRIATION - EASTGATE TIF/TRIANGLE
 
Drafter
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Body
WHEREAS, the amount of the distribution was larger than anticipated resulting in the need for additional funds for the Eastgate TIF related to Triangle; 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 TWO THOUSAND SEVEN HUNDRED SEVENTEEN DOLLARS ($2,717) is hereby appropriated from the unencumbered, unappropriated balance of the TIZ Fund to the following accounts:
$1,117 to Account No. 224.343.5830.1, Triangle Reimbursement
$1,183 to Account No. 224.343.5830.2, School District Reimbursement
$  417 to Account No. 224.343.5830.3, Fees
 
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.