Laserfiche WebLink
00h., A^k <br />.,. <br />? <br />CITY OF NORIH OIMSTID <br />ORDINAN(.'E N0. 90-34 <br />By: MR. TALLON <br />AN ORDINAI`'CE `I'O TRANSFEFc F[INDS FROM THE INDt1STRIAL PARIC ROAD <br />FUND TO THE CAPITAL INIPROVIIMiTS F'UND AND FROM TfiE CAPITAL <br />IMPROVIIEN'I5 F[lND TO THE GDTERAL FUND, AND DECLARING AN <br />FMERGENCl'. <br />WHERF.AS, in 1982 the City of North Olmsted transferred $54,000 <br />frcan the General Fund to the Capital Improvement Fund for the purpose <br />of Industrial Park Road engineering; and <br />WHEREAS, in 1988 the Industrial Park Road Fund was created by <br />Council to account for all expenses related to construction of the <br />Industrial Park Road; and <br />wIEREAS, construction costs and expenses related to the Industrial <br />Park Road are subject to a special assessment paid by property awners <br />in the Industrial Park; and <br />NC7W, THOEF'ORE, BE IT ORDAINID BY THE CITY OF NORTH OIMSM, <br />COtNI'Y OF CLTYAHOGA, AND STATE OF OHIO: <br />SECTION 1: That $54,000 be transfered fran the Industrial Park <br />Road Fund to the Capital Improvesnents Fund to reimburse that Fund for <br />engi.neering costs previously expended. <br />SECTION 2: That $54,000 be then transfered fran the Capital <br />Improvement Fund to the General Fund. <br />SECTION 3: that the Director of Finance be and he is hereby <br />directed to record the transfer in the Industrial Park Road Fund, the <br />Capital Improvements Fund and the General Ftiznd. <br />SECTION 4: That the Clerk of Council shall imnediately fozward an <br />attested copy of this ordinance to the Auditor of Ctiiyahoga County and <br />the Auditor of the State of Ohio. <br />SEC.TION 5: That this ordinance is hereby declared to be an <br />emergency measure imnediately necessary for the preservation of the <br />public health, safety and welfare, and further provided it receives the <br />affirmative vote of two-thirds of all menbers of Council it shall take