2015-43

 

 

ORDINANCE MAKING AN ADDITIONAL APPROPRIATION FROM THE GENERAL FUND TO THE AIRPORT IMPROVEMENT FUND TO PROVIDE THE NECESSARY FAA GRANT MATCH AND MAKING AN ADDITIONAL APPROPRIATION WITHIN THE AIRPORT IMPROVEMENT FUND FOR THE YEAR ENDING DECEMBER 31, 2015

Whereas, the Auditor advised that it is necessary to adjust the following funds for bookkeeping purposes to show clearly the City’s matching portion for the FAA Grant.  An amount of $16,700 is required for grant year 2014

 

Whereas, The City of Marion has been awarded grant money for Project #23 and the money is needed to be appropriated in the amount of $167,000.

 

Whereas, Council authorizes the Auditor to take all necessary actions to complete this process.

 

 

BE IT ORDAINED by the Council of the City of Marion, Marion County, Ohio:

 

Section 1.     That there be an adjustment made as follows:

 

Airport Improvement Fund

                                                

Advance Payback                                  408.4007.5477           $16,700

Capital Improvements                            408.4007.5443           $167,000

        

 

GENERAL FUND-TRANSFERS OUT

        

Transfer out Airport Improvement           101.1024.5426.07     $16,700

 

 

    Section 2.   This ordinance shall take effect and be in force from and after the earliest period allowed by law.

 

 

                                                  ____________________________   

                                                  Dave Edwards

                                                  President of Council

 

Approved:

 

 

__________________________

Mayor Scott Schertzer

 

 

Attest:

 

___________________________

Clerk of Council