AN ORDINANCE
TO AMEND SECTION I, 2020 ORIGINAL APPROPRIATION ORDINANCE NO. 4897 AND ALL SUPPLEMENTS ENACTED THERETO, TO PROVIDE FOR THE APPROPRIATION OF:
FOR THE CITY OF OAKWOOD, STATE OF OHIO, DURING THE FISCAL YEAR ENDING DECEMBER 31, 2020, OR, FOR FUNDING THAT BECOMES AVAILABLE AFTER THAT DATE, DURING THE FISCAL YEAR IN WHICH SUCH FUNDING BECOMES AVAILABLE.
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; and was subsequently increased by $322,015.41, which was the subject of supplemental appropriation ordinance No. 4923; and has now been increased by a redistribution of funds unused by other Ohio communities in the amount of $2,821.30; for a total reimbursement eligibility to date of $517,829.31 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; and
WHEREAS, Council recognizes that state distribution of CARES Act reimbursement funding has been a fluid and evolving process, and wishes to provide for the automatic appropriation of additional funding that may become available in the future, if any;
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 | $518,329.31 |
SECTION II.
In the event that any further CARES Act reimbursement funding is made available and/or distributed to the city of Oakwood, such funding is and shall be hereby appropriated automatically to Fund 312 (Local Coronavirus Relief Fund), where it shall be available to be encumbered in and for the year in which it is received, without the need for further legislative action by this Council.