Ordinance authorizing the transfer of funds from the general fund to the usace grant fund and declaring an emergency
- Published: December 8, 2016
Ordinance authorizing the transfer of funds from the general fund to the usace grant fund and declaring an emergency
ORDINANCE NO. 2016-34, Village of Yellow Springs, Ohio
Interested persons will take note that the Village Council of Yellow Springs on Monday, Dec. 5, 2016, gave first reading to an ordinance and passed as an emergency, text to follow.
WHEREAS, the Village of Yellow Springs Charter, Section 40, requires the transfer of funds be approved through an ordinance established by Council; and
WHEREAS, Adequate funds are required to be in place prior to making appropriations as is the case necessary prior to appropriating funds from the USACE Grant Fund,
NOW, THEREFORE, THE COUNCIL OF THE VILLAGE OF YELLOW SPRINGS, OHIO HEREBY ORDAINS THAT:
Section 1.In accordance with Charter Section 40 the following transfer of funds for fiscal year 2016 is authorized:
General Fund Transfers to:
USACE Grant Fund—$262,482
TOTAL GENERAL FUND TRANSFERS $262,482
Section 2.The Finance Director is hereby authorized to transfer the funds as soon as they are certified and available.
Section 3.This ordinance is hereby declared to be an emergency measure in the operation of Village services, such emergency being the urgent necessity to provide for legitimate expenditures.
Section 4.This Ordinance will be in full force and effect upon adoption.
Karen Wintrow, President of Council
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