Yellow Springs Public Notices

An Emergency Ordinance Authorizing The Annual Transfer Of Funds

Ordinance No. 2013-02

Interested persons will take note that the Village Council of Yellow Springs
on Monday, January 7, 2013, gave first reading to an ordinance and passed as an
emergency, text to follow.

WHEREAS, Ordinance 2012-28 was adopted to make appropriations for expenses of the Village of Yellow Springs, State of Ohio, during the fiscal year ending December 31, 2013; and

WHEREAS, the Village of Yellow Springs Charter, Section 41, requires the transfer of funds be approved through an ordinance established by Council; and

WHEREAS, this ordinance is hereby declared to be an emergency measure necessary to preserve the public interest and provide for a special emergency in the operation of Village services, such emergency being the urgent necessity to provide for legitimate expenditures.

NOW, THEREFORE, THE COUNCIL OF THE VILLAGE OF YELLOW SPRINGS, OHIO HEREBY ORDAINS THAT:

Section 1. In accordance with Ordinance 2012-28 and Charter Section 41 the following transfers of funds for fiscal year 2013 are authorized:

General Fund Transfers to:
Street Fund 581,646
Parks and Recreation Fund 282,584
Green Space Fund 50,000
Police Pension Fund 17,110
Facilities Improvement Capital Fund 204,587
Bond Retirement Fund 45,606
Widows Fund 1,500
TOTAL GENERAL FUND TRANSFERS $1,183,033

Parks and Recreation Fund Transfer to:
Bond Retirement $47,981

Electric Fund Transfer to:
Bond Retirement $31,987

TOTAL ALL TRANSFERS $1,263,001

Section 2. The Finance Director is authorized to transfer the funds as they are certified and available.

Section 3. This ordinance is hereby declared to be an emergency measure necessary to preserve the public interest and shall take effect at the earliest date permitted by law.

Judith Hempfling,
President

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