A RESOLUTION

WHEREAS, On June 7, 2021 Oakwood City Council passed Resolution No. 1883 declaring the necessity of a renewal tax levy in excess of the ten-mill limitation for the purpose of meeting current expenses for the general operation of the city’s governmental services, and requested that the county auditor certify the total current tax valuation of the subdivision, and the dollar amount of revenue that would be generated by a specified number of mills; and

WHEREAS, having received the county auditor’s certification, Council desires to proceed with placing the matter on the ballot for the next general election;

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF OAKWOOD, MONTGOMERY COUNTY, OHIO:

The proposed levy is a renewal of an existing levy of 2.72 mills outside of the ten-mill limitation, last approved by the voters on the 8^th day of November, 2016; and first approved by the voters on the 5^th day of November, 1991. The renewal levy will constitute a tax of 2.72 mills for each dollar of valuation, which amounts to 27.2 cents for each $100.00 of valuation.

The renewal levy shall remain in effect for a period of five years.

The Clerk of Council shall certify a copy of this Resolution, and shall deliver the same along with a copy of the county auditor’s certification to the Board of Elections of Montgomery County for placement upon the ballot for the election to be held on Tuesday, November 2, 2021, for a vote by the electors within the city of Oakwood, Ohio, pursuant to law.

If a majority of the electors voting on this renewal levy vote in favor thereof, the same shall be first placed on the tax list and duplicate for the tax year 2021, for collection in calendar year 2022.

It is found and determined that all formal actions of this Council concerning and relating to the adoption of this resolution were adopted in an open meeting of this Council, and that all deliberations of this 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 Section 121.22 of the Ohio Revised Code.

This resolution shall take effect and be in full force immediately upon its passage.