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ORDINANCE NO. 2010-40 <br />INTRODUCED BY: Mayor Rinker and Council as a Whole <br />AN EMERGENCY ORDINANCE <br />AMENDING THE 2010 BUDGET <br />FOR MAYFIELD VILLAGE, OHIO <br />WIMREAS, pursuant to Article IX, Section 2 of the Mayfield Village <br />Charter and Ohio Revised Code Section 718.01(C), the electorate were provided the <br />opportunity at the Primary Electiori held on May 4, 2010 to decide the issue of <br />increasing the Village income tax rate, effective July 1, 2010, from one and a half <br />percent (1.5%) to two percent (2%); and <br />WHEREAS, the voters of Mayfield Village approved the income tax rate <br />increase; and <br />WHEREAS, as a result of the tax rate increase, it is necessary to adjust <br />certain budget line items for 2010 to reflect the impact of the tax increase and the <br />appropriation of such funds. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF <br />MAYFIELD VILLAGE, OHIO, THAT: <br />SECTION 1. The amended budget line items adjusted as a result of the tax <br />increase, attached hereto as Exhibit A and incorporated herein as if fully rewritten, <br />be the same and is hereby approved and adopted. <br />SECTION 2. The Council finds and determines that all formal actions of this <br />Council relating to the adoption of this Ordinance have been taken at open meetings <br />of this Council; and that deliberations of this Council and of its committees, <br />resulting in such formal action, took place in meetings open to the public, in <br />compliance with all statutory requirements including the requirements of Section <br />121.22 of the Ohio Revised Code.