1998 037 Ordinance - Laserfiche WebLink

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Ordinal:ce 98-37 E. Transfer from the General Fund to the Parkview Pool Fund the sum of Seven Hundred Fifty Thousand Dollars ($750,000.00); F. Transfer from the Capital Improvement Fund to the Bond Retirement Fund the sum of Five Hundred Thousan Dollars ($500,000.00); and G. Transfer from the Muncipal Center Fund to the Bond Retirement Fund the sum of Six Hundred Thousand Dollars ($600,000.00); and H. Transfer from the Worton Park Sanitary Sewer Improvement Fund to the General Bond Retirement Fund the sum of Ten Thousand Nine Hundred Fifty Eight and 19/100 Dollars ($10,958.19); and I. Transfer from the Wilson Mills Corridor Improvement Project to the General Bond Retirement Fund the sum of Forty Five Thousand, Six Hundred One and 47/100 Dollars ($45,601.47); and J. Advance from the General Fund to Northwest Quadrant Project Fund the sum of One Million Dollars ($l,ooo,ooo.oo); and K. The Repayment of an advance from the Recreation Fund to the General fund in the sum of Three Thounsand Dollars($3,000.00); and L. The repayment of an advance from the Performance Bond Fund to the General Fund of Twenty Five Thousand Dollars ($25,000.00). Section 5 The Council finds and determines that all formal actions of this Council relating to the adoption of this Ordinance have been taken at open meetings of this Council; and that deliberations of this Council and of its committees, resulting in such formal action, took place in meetings open to the public, in compliance with all statutory requirements including the requirements of Section 121.22 of the Ohio Revised Code. Section 6: This Ordinance is hereby declared to be an emergency measure necessary for the immediate preservation of the health, safety and welfare of the residents of Mayfield Village for the reason that the appropriations authorized herein are necessary to maintain governmental services. It shall, therefore, take effect immediately upon passage by the affirmative vote of not less than five (5) members elected to Council and approval by the Mayor or otherwise at the earliest time allowed by law.