Explanation
This ordinance provides for the appropriation of $8,000.00 from the unappropriated funds within the Gatrell Arts & Vocational Development Fund.
$8,000.00 is available from interest earned from the Gatrell Arts & Vocational Development Fund.
This ordinance is submitted as an emergency in order to have funding available for necessary expenditures.
Fiscal Impact:
This ordinance will reduce the unappropriated balance in the Gatrell Arts & Vocational Development Fund by $8,000.00.
Title
To authorize the appropriation of $8,000.00 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. ($8,000.00)
Body
WHEREAS, the Gatrell Arts and Vocational Development Fund was established in 1985 to promote arts and vocational development; and
WHEREAS, the Gatrell Arts and Vocational Development Fund was designated for use by the Thompson Recreation Center for arts programming that would not otherwise be available to youth in that community; and
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 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, 2008, the sum of $8,000.00 is appropriated to the Recreation and Parks Department, Department No. 51-01, as follows:
OCA Code Object Level 3 Amount
516799 3346 $8,000.00
SECTION 2. That the monies in the foregoing Section 1 shall be paid upon or...
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