#59-07

PASSED 12/27/07

COMMITTEE REVIEW:	FINANCE COMMITTEE
INTRODUCED BY:	COUNCILMEMBER FRASHER
INTRODUCED ON:	DECEMBER 27, 2007
DATE OF FIRST READING:	DECEMBER 27, 2007
DATE OF SECOND READING:
DATE OF THIRD READING:
EMERGENCY CLAUSE:	YES/NO
TITLE ONLY PURSUANT TO SECTION 4.07 OF THE CHARTER:	YES/NO

AN ORDINANCE PROVIDING TEMPORARY APPROPRIATIONS FOR THE MUNICIPALITY OF SEBRING FOR THE FISCAL YEAR OF 2008; AND DECLARING AN EMERGENCY.

WHEREAS the Council has determined that the Municipality needs a temporary appropriation for the disbursement of funds in payment of its obligations during the first quarter of the forthcoming fiscal year of 2008;

NOW, THEREFORE BE IT ORDAINED BY THE COUNCIL OF THE MUNICIPALITY OF SEBRING, MAHONING COUNTY, OHIO:

Section 1: That temporary appropriations are hereby established for the following funds:

100           General Fund                                                       $ 350,000.00
120           COPS Grant Fund                                               $ 0.00
130           Federal Grant (Brownfield)                                  $ 0.00
201           Street Maintenance Fund                                      $ 50,000.00
202           Recreation Fund                                                   $ 15,000.00
203           State Highway Fund                                             $ 10,000.00
204           Civic Center Fund                                                $ 24,000.00
205           Income Tax Fund                                                 $ 20,000.00
206           Motor Vehicle License Fund                                 $ 0.00
207           Special Projects Grants Fund                                $ 0.00
301           Fire Levy Fund                                                     $ 64,000.00
401           Capital Improvement Fund                                    $ 0.00
701           Water System Fund                                             $ 160,000.00
702           Water 1st Mortgage Fund                                     $ 0.00
703           Water Debt Reserve Fund                                     $ 0.00
704           Water Surplus Fund                                             $ 0.00
705           Water Extension Fund                                           $ 0.00
706           Sewer Fund                                                           $ 120,000.00
707           Sewer 1st Mortgage Fund                                      $ 0.00
708           Sewer Extension Fund                                            $ 0.00
709           Pool Fund                                                              $ 1,500.00
710           Parks & Recreation Capital Improvement Fund       $ 0.00
711           Economic Development Fund                                 $ 0.00
801           Police Pension Fund                                               $ 0.00
802           Fire Security/Replacement Fund                              $ 0.00
803           Special Hauling Fund                                               $ 0.00
804           Contractor Escrow Fund                                          $ 0.00
805           Drug Law Enforcement Trust Fund                          $ 0.00
901           Hospitalization Fund                                               $ 0.00
999           Trust Fund                                                              $ 0.00
                                                                                                _____________
                                                                                                TOTAL $ 814,500.00

Section 2: That it is FOUND and DETERMINED that all formal actions of this Council relating to the passage of this Ordinance or adopted in an open meeting of this Council, and that all deliberations of this Council, and of any of its committees which resulted in such formal actions were made in compliance with all legal requirements, including those of section 121.22 of the Ohio Revised Code, all pursuant to Section 3.11 of the Charter of the Village of Sebring.

Section 3: That this Ordinance is hereby determined to be an EMERGENCY MEASURE necessary for the immediate preservation of the public health, safety and welfare of the citizens of the Municipality of Sebring, Ohio and for the further reason that the same is necessary for the disbursement of funds in payment of its obligations during the first quarter of the forthcoming fiscal year of 2008.

	_____________________________ JOHN W. SMITH Mayor/President of Council

ATTEST:	APPROVED AS TO LEGAL FORM:

_________________________ Malea G. Sanor Clerk of Council	_________________________ Andrew L. Zumbar Assistant Solicitor