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Placed on 1st reading & <br />referred to Finance 5/4/20; <br />2nd reading 5/18/20 <br />Bullock, Kepple, Litten, -Neff,, 0-Walloy, Rader, <br />Snachner <br />ORDINANCE NO. 09-2020 BY <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 necessary <br />for the immediate preservation of the public property, health, and safety and to provide for the <br />usual daily operation of municipal departments to provide for the usual daily operation of the City <br />in that the City must record all financial transactions Within the appropriate fiscal period. Now <br />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: <br />2020� <br />2nd <br />Quarter <br />Fund <br />Transfers <br />Out. <br />...Transfers In <br />101 <br />GeneralFund <br />$ 2481857 <br />Revenue Funds <br />_-Special <br />250 <br />Office o n agi n g I I I B <br />$ 172; 500 <br />- Internal Service Funds: <br />600 <br />Hos italization <br />$ 721525 <br />601 <br />Workers' Co pensation <br />$ 3,832. <br />.......... . <br />......... .. . <br />Debt Service Payments <br />301 <br />Debt Service Fund <br />$ 350,550 <br />51.0 <br />Capital, Improvement ' Fund <br />$ 3501550 <br />512 <br />WV TP Improvements <br />$ 5001000 <br />301 <br />Debt Service Fund <br />. <br />_ <br />$ 5001000 <br />