01-04 129.52 Establish FEMA Fund

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PLACED ON iST t{F~tDING & REFERRED TOTHE FINANCE COMMITTEE 1~20/04. PLACED ON 2ND READING 2/2/04. ORDINANCE NO. 1-04 BY: Corrigan, Demro, Dever, Dunn, FitzGerald, Madigan, Seelie. AN EMERGENCY ORDINANCE to enact a new gection of Chapter 129 of the Codified Ordinances of the Ci~ of Lakewood establis6ing the Eederal Emergency Management Agency Eund (FEMA), for the purpose df receiving mon'es from FEMA for the payment of certain salaries, fringe benefits, and ~se of equipment and vehicles associated with the black-out August :t4-1S, 2003. WHERE~S, the City of Lakewood has been aw!rded a grant from the Federal Emergency Management Agency for the reimbursement of the cost of sa aries, fringe benefits, and use of equipment and vehicles during the black-out. WHEREAS, a special revenue fund will permit the City to properly track the federal revenue and expenditures relating to this gra~t; and WHEREAS, this Council by a vote of at least fi~e ($) members ejected thereto d term~nes that this ordinance m an emergency measure, and that this ordinance shall take effect at the earliest date possible as set forth i~ ARTICLE III, SECTIONS :tO and :t3 of the SECOND AMENDED CHARTER OF THE C1T~, OF LAKEWOOD, and that it is necessary for the immediate preservation of the public property, health and safety, and to provide for the usual daily operation of municipal ~epartments in that the services and costs for this program have already been incurre;d. BE 1T ORDAINED BY THE C1-FY OF LAKEWOO~, STATE OF OHIO: Section 1. Establishment. There is hereby ~stablished a Special Revenue Fund which shall be known and referred to as the Federal Emergency Management Fund. The Director of Finance is hereby authorized ~nd directed forthwith to take such action and to make such records as may be necessar~ to establish the Federal Emergency Management Fund and thereafter to show its existence and condition at all times upon the proper records of the City. Sc:'~tion 2. Money for Fund. All revenues derived from the Federal Emergency Management Agency shall be kept and maintained inlia separate fund hereby designated as the Federal Emergency Management Agency Fund, All Section 3. Authorized Expenditures, ex.plenoitures incurred for services meeting the criteria of the grant shall' be paid from this fund. Section 4. Custody of Fund. The Director of Finance shall have possession and custbdy of the Federal Emergency Management Func~ and the supervision of all accounts with respect thereto. No further bond shall!be required of the Director of Finance because of the Fund, but the Federal Emergency Management Fund shall be under the protection of any bond heretofore given toithat may be given hereafter by the Director of Finance. Section 5, R is found and determined that aill formal actions of this Council concerning and relating to the passage of this r'esolu~ion were adopted in an open meeting of this Council, and that all such del berat ons of th~s Counol and of any of its committees that resulted in such formal action were i~ meetings open to the public in compliance with all legal requirements.