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:3 -~ ~,. BY: ~, CITY OF NORTH OLMSTED RESOLUTION NO. 71- /~6 ~,~~:' A RESOLUTION AUTHORIZING THE DIRECTOR OF LAW TO APPROVE A JOURNAL ENTRY TO ENABLE THE "INTERIM "DISTRIBUTION OF LOGAL GOVERNMENT FUNDS, AND DECLARING AN EMERGENCY. WHEREAS, certain litigation pending in the Franklin County Court of Appeals has the effect of preventtrrg distribution of the 1971 Local Government Funds ;and WHEREAS, it is necessary that we have so much of these funds as is possible in order to meet the financial needs of our municipality ;and WHEREAS, the Franklin County Court of Appeahs has indicated that if all or substanitially all governmental units agree to a journal Entry, a distribution of approximately Ninety percent (90%) of an amount equal to the " Iow "award by either the County Budget Commission or the Board of Tax Appeals will be permitted ; and WHEREAS, the proposed journal Entry has provisions for repayment to the event the advance to any subdivision is greater than the final determination of the Court,. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of North Olmsted, State of Ohio : Section 1. That the Director of Law be and he is hereby authorized to approve and to execute in behalf of the City of North Olmsted a journal Entry, a copy of which is attached hereto and made a part of this Resolution, authorizing an interim distribution of Local Govenment Funds. Section 2. That the Clerk of Council be and she is hereby authorized and directed to transmit a certified copy of this Resolution, together with the signed journal Entry, to the Cuyahoga County Mayors and City Managers Assocition for inclusion in a master Journal Entry to be presented to the Franklin County Court of Appeals. Section 3. This Resolution is declared to be an emergency measure immediately necessary for the preservation of the public peace, health and safety of the City of North Olmsted, such emergency existing by reason of the fact that it is #aemediately necessary to provide for an interim distribution of Local Government Gunds in order to obtain funds at the earliest time possible to promote the most efficient adminis- tration of City government ;WHEREFORE, Council determines that an emergency exists, that this resolution is an emergency measure and shall take effect and be in force from and after the date of its passage and signature by the Mayor PASSED: 4~;~'n~ ~'~ ~ ~ ,1971 ATTEST: ~~ r%" ~~ Nora T. Hill, Clerk of Council ~.~ ;~ E ~aa.~ Francis J. O' APPROVED: „2 3~ (9 7/ ~. Ralph Christman, Mayor President of Council Rau, .: _,..,.