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SUPPLEMENTAL APPROPRIATION - PROJECTED LODGING TAX DISTRIBUTIONS FOR THE COMMUNITY IMPROVEMENT CORPORATION (CIC).
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WHEREAS, the Department of Finance has projected the remaining lodging tax for 2016; and
WHEREAS, based on income projections, there is not enough appropriated for the final distributions to the Community Improvement Corporation (CIC); and
WHEREAS, a supplemental appropriation is needed.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF GAHANNA, COUNTY OF FRANKLIN, STATE OF OHIO:
Section 1. That the amount of ONE THOUSAND DOLLARS ($1,000) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the General Fund to Account No. 101.354.5456, CIC Operational Expense, to cover the herein costs.
Section 2. That ORD-0136-2015, passed December 21, 2015, is hereby amended to reflect this supplemental appropriation.
Section 3. That this Ordinance shall be in full force and effect at the earliest period allowed by law.