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ORDINANCE NO. 82-13 (.As Amended) <br />INTRODUCED BY: Council President Michael W. Spellman <br />AN ORDTNANCE AUTHORTZING AND DIRECTING <br />THE FINANCE DIRECTOR TO TRANSFER FROM <br />THE GENERAL FUND TO THE CAPITAL <br />IMPROVEMENT FUND FIVE PERCENT (5%) OF <br />ALL MUNICIPAL INCOME TAX RECEIPTS FOR <br />THE CALENDAR YEAR 1982 AND DECLARING <br />AN EMERGENCY. <br />BE IT ORDAINED BY THE COUNCIL OF MAYFIELD VILLAGE, OHIO, THAT: <br />Section l. The Finance Director is hereby authorized and <br />directed to transfer from the General Fund to the Capital <br />Improvement Fund five percent (50) of all municipal income tax <br />receipts for the calendar year 1982. This Ordinance shall be <br />retroactive to January l, 1982 and the authority granted herein <br />to the Finance Director sha11 terminate on December 31, 1982, ' <br />Section 2. That the Council finds and determines that all <br />formal actions of this Council relating to the adoption of this <br />Ordinance have been taken at open meetings of this Council; and that <br />deliberations of this Council and of its committees, resulting in <br />such formal action, took place in meetings open to the public, in <br />compliance with al1 statutory requirements, including the requirements <br />of Section 121.22 of the Ohio Revised Codeo <br />Section 3. This Qrdinance is hereby declared to be an <br />emergency measur.e immediately necessary for the preservation of <br />the health, safety and welfare of the residerits of Mayfield Village <br />in that the authorization established herein sha11 insure a continued <br />funding of the Capital Improvemerit Fund which is essential to maintain <br />necessary governmental servicesa Tt sha11 therefore take effect <br />immediately upon passage by the affirmative vote of not less than <br />five (5) members elected to Council and approval by the Mayor or <br />otherwise at the earli.est time allowed by law. <br />. `/ <br />? <br />? <br />First Readinge Febo_15, 1982 <br />Michael W.- m, Council President <br />Second Reading o Marrli_;, _ ??? <br />Third Read ing : March 15, 1982 <br />PASSED: <br />APPROVED: <br />APPROVED <br />3/15/82 <br />Date <br />...? , <br />ATTEST <br />Eloise Maynard, erk of Council <br />67-