A RESOLUTION

WHEREAS, Council of the City of Oakwood, Ohio, hereby declares the necessity of a renewal 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

WHEREAS, pursuant to Section 5705.03 of the Revised Code, Council is required to certify to the Montgomery County Auditor a resolution requesting the total current tax valuation of the City of Oakwood and the dollar amount of revenue that would be generated by a specified number of mills;

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

SECTION I. That pursuant to the provisions of Section 5705.19 of the Revised Code, it is necessary that a renewal of an existing tax be levied in excess of the ten-mill limitation for the benefit of the City of Oakwood, for the purpose of meeting current expenses for the general operation of the City’s governmental services, at a rate not exceeding 2.72 mills for each dollar of valuation, which amounts to 27.2 cents for each $100.00 of valuation, for a period of five years.

SECTION II. That pursuant to the provisions of Section 5705.03 of the Revised Code, the County Auditor is hereby requested to certify to the City of Oakwood the total current tax valuation of the City of Oakwood and the dollar amount of revenue that would be generated by the number of mills specified in Section I hereof, and the Clerk of Council is hereby directed to certify forthwith a copy of this resolution to the Montgomery County Auditor upon its passage.

SECTION III. That if, upon receipt of the Montgomery County Auditor’s certification, Council determines to proceed with said renewal levy, the question of the passage thereof shall be submitted to the electors of the City at an election to be held on November 3, 2026. If a majority of those electors voting on this renewal levy vote in favor thereof, the renewal levy will be first placed on the tax list and duplicate for tax year 2026, for collection in calendar year 2027.

SECTION IV. 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.

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

PASSED BY COUNCIL this   day of April, 2026.