File #: ORD-0025-2017    Version: 1 Name: SUPPLEMENTAL APPROPRIATION - Central TIF
Type: Ordinance Status: Passed
File created: 4/6/2017 In control: City Council
On agenda: 4/17/2017 Final action: 5/1/2017
Title: SUPPLEMENTAL APPROPRIATION - Central Park TIF Fund.
Attachments: 1. FIN_RPT 4.10.17, 2. FIN_RCA 4.10.17 Central Park TIF JB, 3. ORD-0025-2017 Signed

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SUPPLEMENTAL APPROPRIATION - Central Park TIF Fund.

 

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WHEREAS, the City received payments in lieu of taxes for the Central Park TIF which was unplanned for 2017; and


WHEREAS, because we were not anticipating any pilot payments, appropriations for County Auditory and Treasurer fees were not included with original appropriations; and

 

WHEREAS, to move the funds to the appropriate account requires a supplemental appropriation.

 

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 TEN THOUSAND DOLLARS ($10,000) is hereby supplementally appropriated from the unencumbered, unappropriated balance of the TIF Fund to Account No. 224.708.8295, Central Park TIF Auditor and Treasurer Fees, to cover the herein costs.

 

Section 2. That ORD-0118-2016, passed December 19, 2016, is hereby amended to reflect this supplemental appropriation.

 

Section 3. That this Ordinance shall be in full force and effect after passage by Council and on date of signature approval by the Mayor.