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?..:,.. <br />CITY OF NORTH OLMSTED <br />ORDINANCE N0. 83 - 85 <br />BY: MR. WILANIOSKY <br />AN ORDINANCE CREATING A NEW FUND, ADDING TO THE <br />FINANCIAL STRUCTURE OF THE CITY OF NORTH OLMSTED, <br />A FUND KNOWN AS THE FACILITY PLAN STEP III FUND, <br />AND DECLARING AN EMERGENCY, AS AMENDED. <br />WHEREAS, the City of North Olmsted is to receive several grants <br />to assist in the construction, improvement, and rehabilitation of the <br />Waste Water Treatment Plant, and <br />WHEREAS, the Council believes a greater understanding of the <br />financial position of the City can be achieved through the establish- <br />ment of one fund to account for all related transactions. <br />NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF <br />NORTH OLMSTED, COUNTY OF CUYAHOGA, A!`1D STATE OF OHIO: <br />SECTION <br />Fund entitled <br />be funded with <br />l. That there is hereby created a Capital Improvement <br />the "Facility Plan Step III Fund". That such fund will <br />the proceeds of grants, aids, interest and transfers. <br />SECTION ?. That the Director of Finance is authorized to pay <br />out of said fund, amounts of money in accordance with the provisions <br />of such grants and aids, contracts, and as designated by Council. <br />SECTION 3. That upon passage of the Ordinance, the Clerk of <br />Council is instructed to forward certified copies to Thomas Ferguson, <br />Auditor of the State of Ohio and J. Timothy McCormack, Cuyahoga County <br />Auditor. <br />SECTION 4. That this Ordinance is hereby declared to be an <br />emergency measure immediately necessary for the preservation of the <br />public health, safety and welfare, and further provided it receives <br />the affirmative vote of two-thirds of all Members of Council, it shall <br />take effect and be in force immediately upon its passage and approval <br />by the Mayor. <br />P A S S E D: <br />ATTEST: <br />'49. -0 O"Vv? A . ? 8__? <br />FLORENCE E. CAMPBELL, CLFXK OF COUNCIL AMES D. BOEHMER, PRESIDENT OF COUNCIL <br />ZA <br />RME W. SWIF.TYNIOWSKI,, AY R <br />s r <br />First reading: 7/5/83 <br />Second reading as a en ed: l" 3 <br />Third reading : __y??[?f3 _