AN ORDINANCE
BY:
NO.
1. AN ADDITIONAL AMOUNT OF $322,515.41 TO BE EXPENDED FROM THE LOCAL CORONAVIRUS RELIEF FUND TO COVER COSTS CONSISTENT WITH THE REQUIREMENTS OF SECTION 5001 OF THE CARES ACT;
WHEREAS, the Coronavirus Aid, Relief, and Economic Security Act, 116 Public Law 136, (the CARES Act) was signed into law by the President of the United States on March 27, 2020; and
WHEREAS, through several sequential pieces of legislation, including House Bill 481, Senate Bill 310, and House Bill 614 of the 133rd General Assembly, the Ohio General Assembly has established a process for distributing funds provided by the CARES Act, including funds that will be distributed to local municipalities to reimburse certain unbudgeted expenditures associated with the city’s COVID-19 mitigation and response; and
WHEREAS, Oakwood’s maximum eligibility for reimbursement was $192,992.60, which was the subject of supplemental appropriation ordinance No. 4917 and 4920, but has now been increased by $322,015.41, for a total reimbursement eligibility of $515,008.01 plus up to $500.00 in interest accruing thereon; and
WHEREAS, in order to make the additional funds available for use, it is necessary for Council to authorize the same via this additional supplemental appropriation ordinance;
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF OAKWOOD, STATE OF OHIO, THAT:
SECTION I.
To provide for the current expenses and other expenditures of the said city of Oakwood during the period commencing January 1, 2020 and ending December 31, 2020, the following revised sums shall be and they are hereby set aside and appropriated as follows, with added material in bold type, deleted material in strike-through type, and dicta/commentary in italic type:
Fund Appropriation
312   Local Coronavirus Relief Fund $192,992.60 $515,508.01
SECTION II.
The Director of Finance is hereby authorized to draw warrants for payments from any of the foregoing appropriations upon receiving proper certificates and vouchers therefore, approved by this ordinance of Council to make the expenditures; provided that no warrants shall be drawn or paid for salaries or wages except to persons employed by authority of and in accordance with law or ordinance.
SECTION III.
This ordinance, as an appropriation to meet current expenses of the City, takes effect immediately upon its passage as provided by Section 3.04 of the City Charter.
PASSED BY THE COUNCIL OF THE CITY OF OAKWOOD, this day of 2020.
Mayor William D. Duncan