Explanation
Background:
This ordinance provides for the appropriation of $1,400.00 from the unappropriated funds within the Gatrell Arts & Vocational Development Fund.
$1,400.00 is available from interest earned from the Gatrell Arts & Vocational Development Fund.
This ordinance is submitted as an emergency to have funding available for necessary expenditures.
Fiscal Impact:
This ordinance will reduce the unappropriated balance in the Gatrell Arts & Vocational Development Fund by $14,00.00.
The expenditure of $14,00.00 is budgeted in the Gatrell Arts & Vocational Development Fund.
Title
To authorize an appropriation of $1,400.00 from the unappropriated balance of the Gatrell Arts & Vocational Development Fund, in accordance with the trust to support arts activities at Thompson Recreation Center, and to declare an emergency. ($1,400.00)
Body
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to appropriate said funds to have required funding available for necessary expenditures; now, therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
Section 1. That from the unappropriated monies in the Gatrell Arts & Vocational Development Fund No. 235, and from all monies estimated to come into said fund from any and all sources and unappropriated for any other purpose during the fiscal year ending December 31, 2007, the sum of $1,400.00 is appropriated to the Recreation and Parks Department, Department No. 51-01, OCA Code 516799, and Object Level 3 No. 3346.
Section 2. That the monies in the foregoing Section 1 shall be paid upon order of the Director of Recreation and Parks, and that no order shall be drawn or money paid except by voucher, the form of which shall be approved by the City Auditor.
Section 3. That for the reasons stated in the preamble hereto, which is hereby made a part hereof, this ordinance is hereby declared to be an emergency measure and shall take effect and be in force from and after its passage and approval by the Mayor, or ten days after passage if the Mayor neither approves nor vetoes the same.