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Placed on 1st reading and <br />referred to Finance 11/19/18; 2nd <br />reading 12/3/18 <br />Anderson, Bullock, George, Litten <br />ORDINANCE NO. 48-18 BY: O'Leary, O'Malley, Rader <br />AN ORDINANCE to take effect immediately provided it receives the affirmative vote of <br />at least two thirds of the members of Council, or otherwise to take effect and be in force at the <br />earliest period allowed by law, authorizing the transfer and advance of certain funds. <br />WHEREAS, as set forth in Section 2.12 of the Third Amended Charter of the City of <br />Lakewood, this Council by a vote of at least two thirds of its members determines that this <br />ordinance is an emergency measure and that it shall take effect immediately, and that it is <br />necessary for the immediate preservation of the public property, health, and safety and to provide <br />for the usual daily operation of municipal departments to provide for the usual daily operation of <br />the City in that the City must record all financial transactions within the appropriate fiscal period. <br />Now therefore, <br />BE IT ORDAINED BY THE CITY OF LAKEWOOD, OHIO <br />Section 1. That the Director of Finance be and is hereby authorized to make the <br />following transfers and advances: <br />120181 <br />4th Quarter <br />Fund <br />Transfers Out <br />Transfers In <br />101 <br />General Fund <br />$ 246,982 <br />Special Revenue Funds <br />250 <br />Office on Aging 111B <br />$ 172,500 <br />Internal Service Funds <br />600 <br />Hospitalization <br />$ 71,291 <br />601 <br />Workers' Compensation <br />$ 3,191 <br />Debt Service Payments <br />301 <br />Debt Service Fund <br />$ 1637589 <br />401 <br />Capital Improvement Fund <br />$ 163,589 <br />512 <br />WWTP Imp rovements <br />$ 450,000 <br />301 <br />Debt Service Fund <br />$ 450,000 <br />Fund <br />Advances Out <br />Advances In <br />101 <br />General Fund <br />$ 6007000 <br />Various Funds TBD in an amount not to exceed <br />$ 600,000 <br />