Ordinance 2022-06: Transfer to Street Lighting Fund

ORDINANCE NO. 2022-06

 

AN ORDINANCE AUTHORIZING THE VILLAGE FISCAL OFFICER TO TRANSFER $7,500.00 FROM THE GENERAL FUND TO THE STREET LIGHTING FUND

 

WHEREAS, the Village Fiscal Officer has determined that it is necessary to transfer certain funds from the General Fund to the Street Lighting Fund to provide the necessary revenue to pay the street lighting expenses from this fund; and

 

WHEREAS, the Village Council must approve certain transfers pursuant to Ohio Revised Code Section 5705.14; and

 

WHEREAS, this is a transfer of funds pursuant to Ohio Revised Code Section 5705.14(E), which requires a majority vote of the Village Council to authorize transfers from the General Fund to any other fund of the Village; and

 

WHEREAS, the Village Council elects to approve the transfer of funds from the General Fund to the Street Lighting Fund with the understanding that the Village is not required to seek any other approvals as may be required for other transfers of funds under Ohio Revised Code Sections 5705.15 and 5705.16.

 

NOW, THEREFORE, BE IT ORDAINED by the Council of the Village of Antwerp, Paulding County, Ohio:

 

Section 1.  The Village Fiscal Officer is hereby authorized to transfer the sum of Seven Thousand Five Hundred and 00/100 Dollars ($7,500.00) from the General Fund to the Street Lighting Fund.

 

Section 2.  The transfer of these funds from the General Fund to the Street Lighting Fund is necessary to provide the revenue to pay the street lighting expenses of the Village of Antwerp.

 

Section 3.  It is found and determined that all formal actions of the Council concerning and relating to the passage of this Ordinance were adopted in an open meeting of this Council, and that all deliberations of the Council and of any of its committees that resulted in such formal action, were in meetings open to the public, in compliance with all legal requirements including all lawful ordinances and any applicable provisions of Section 121.22 of the Ohio Revised Code.

 

Section 4.  This Ordinance shall take effect and be in force after the earliest period allowed by law.

 

Date ________________                                           _________________________________

Jan Reeb

Mayor of the Village of Antwerp

Attest:

 

__________________________________

Aimee Lichty, Fiscal Officer

 

 

First reading: ______________________

 

Second reading: ___________________

 

Third reading: _____________________