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Please Substitute for Ordinance 101-08 placed On 1" Reading & Referred to COW on 12/15/08 ORDINANCE NO. 101-08 BY: Antonio, Bullock, Butler, Dever, i~atcligialcv, Powers, Summers. AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least five (5) members elected to Council otherwise, it shall take effect and be in force after the earliest period allowed by law to authorize the transfer and. advance of certain funds. WHEREAS, this Council by a vote of at least five members elected thereto determines that this ordinance is an emergency measure, and that this ordinance shall take effect at the earliest date possible as set forth in ARTICLE III, SECTIONS 10 and 13 of the SECOND AMENDED CHARTER OF THE CITY OF LAKEWOOD, and that it is necessary to provide for the usual daily operation of the City in that the City must appropriate and record all financial transactions within the appropriate fiscal period. Now therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO Section 1. That the Director of Finance be and is hereby authorized to make the following transfers: Zoos 4th Quarter Fund Transfers Out Transfers In 101 General Fund $ 455,000 Special Revenue Funds 250 Aging (Title IIIB) $ 365,000 Enterprise Funds 530 Winterhurst $ 75,000 Internal Service Funds 601 Workers' Compensation $ 15,000 Section 2. That this ordinance is hereby declared to be an emergency measure necessary to provide for the usual daily operation of the City for the reasons set forth and defined in the preamble to this ordinance, and provided it receives the affirmative vote of at least five of its members elected to Council, this ordinance shall take effect and be in force immediately upon its adoption by the Council and approval by the Mayor;. otherwise, it shall take effect and be in force after the earliest period allowed by law.