WHEREAS, on September 20, 2021, Council adopted Resolution No. 1888 to ratify and confirm the city’s participation in the OneOhio Memorandum of Understanding (“MOU”), which governs the terms of a statewide settlement with certain distributors of opioid pharmaceuticals; and

WHEREAS, pursuant to the terms of the OneOhio MOU, the city will receive Local Government Settlement Funds of approximately $5,000 to $7,500 per year for 18 years, starting with a payment in calendar year 2022 that was recently received; and

WHEREAS, pursuant to recent guidance from the Ohio Auditor of State, Bulletin 2022-003, the city is required to separately account for its Local Government Settlement Funds in a new segregated fund to be established in the city’s accounting records and known as the “OneOhio Fund” (Fund 221), which fund may be established by local legislative action without requiring approval from the Auditor of State; and

WHEREAS, Council finds it necessary and desirable to establish such a fund;

NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF OAKWOOD, STATE OF OHIO, THAT:

Through this ordinance a new fund entitled the OneOhio Fund is created.

The Director of Finance is hereby authorized and directed to take such actions as may be necessary to enter the same upon the fiscal records of this city, and to utilize the same immediately for the purposes provided by law, provided that Local Government Settlement Funds credited to said fund shall only be used for approved purposes pursuant to the OneOhio MOU ratified and approved by Resolution No. 1888.

This ordinance is hereby declared to be an emergency measure and as such shall take effect immediately, on the basis that it is necessary to create the new fund immediately because the first payment of Local Government Settlement Funds has already been received, and on the further basis of protection of the public peace, health, safety and welfare.