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RESOLUTION N0. 784 <br />INTRODUCID BY MR. Davis <br />A. RESOLUTION AUTHORIZING THE VILLAGE <br />SOLICITOR TO APPROVE A. JOURNAL ENTRY <br />TO ENABLE THE "INTERIM" DISTRIBUTION <br />OF LOCAL GOVERNMENT FUNDS. <br />WHEREAS, certain litigation pending in the <br />Supreme Court of Ohio has the effect of preventing distrib- <br />ution of local government funds . <br />WHEREAS, these funds are most necessary in the <br />usual daily operation of our municipality, and <br />WHEREAS, the Supreme Court has indicated that <br />if all the local governmental units agree to a Journal <br />Entry in the form attached, a distribution of approximately <br />80% of an amount equal to the "low" award by either the <br />County Budget Commission or the Board of Tax Appeals will be <br />enabled, and <br />WHEREAS, the entry has provisions for repayment <br />in the event fhe advance is greater than the final deter- <br />mination of the Court. <br />NOW, THEREFORE, be it resolved by the Council of `' <br />the Village of Mayfield, State of Ohio: <br />Section 1: That the Salz~i ~.c-° . _ be and he <br />is hereby aut orize to approve a Journal Entry in the <br />form set forth in Exhibit A attached hereto, on behalf of <br />the Village of Mayfield. <br />Section 2: That the Village Solicitor be and he <br />is hereby authorized to transmit a certified copy of this <br />resolution together with the signed Journal Entry to the <br />Cuyahoga County Mayors & City Managers Association for <br />inclusion in a master Journal Entry to be presented to <br />the Supreme Court of Ohio. <br />