File #: 202200888    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 4/4/2022 In control: Cincinnati City Council
On agenda: 4/13/2022 Final action: 4/13/2022
ORD/RES# date: 4/13/2022 ORD/RES#: 0090-2022
Title: ORDINANCE (EMERGENCY) submitted by Mayor Aftab Pureval and Vice Mayor Kearney, from Andrew W. Garth, City Solicitor, AUTHORIZING the transfer and return to source Local Fiscal Recovery Fund 469 of the sum of $300,000 from American Rescue Plan grant project account no. 469x101xARP050, "FY 2021 COVID Expenses," for the purpose of realigning sources with actual uses; ESTABLISHING new Local Fiscal Recovery Fund 469 American Rescue Plan grant project account no. 469x101xARP204, "ADDI," for the purpose of providing funds to enhance the American Dream Down Payment Initiative program overseen by the Department of Community and Economic Development; AUTHORIZING the transfer and appropriation of the sum of $300,000 from the unappropriated surplus of Local Fiscal Recovery Fund 469 to 469x101xARP204, "ADDI," for the purpose of providing funds to enhance the American Dream Down Payment Initiative program which assists low income first-time homebuyers by providing eligible applicants with down payme...
Sponsors: Mayor, Jan-Michele Kearney
Attachments: 1. Transmittal, 2. ordinance, 3. 90-2022, 4. 90-2022 T

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ORDINANCE (EMERGENCY) submitted by Mayor Aftab Pureval and Vice Mayor Kearney, from Andrew W. Garth, City Solicitor, AUTHORIZING the transfer and return to source Local Fiscal Recovery Fund 469 of the sum of $300,000 from American Rescue Plan grant project account no. 469x101xARP050, “FY 2021 COVID Expenses,” for the purpose of realigning sources with actual uses; ESTABLISHING new Local Fiscal Recovery Fund 469 American Rescue Plan grant project account no. 469x101xARP204, “ADDI,” for the purpose of providing funds to enhance the American Dream Down Payment Initiative program overseen by the Department of Community and Economic Development; AUTHORIZING the transfer and appropriation of the sum of $300,000 from the unappropriated surplus of Local Fiscal Recovery Fund 469 to 469x101xARP204, “ADDI,” for the purpose of providing funds to enhance the American Dream Down Payment Initiative program which assists low income first-time homebuyers by providing eligible applicants with down payment/closing costs in the form of a forgivable loan; and DECLARING expenditures from American Rescue Plan grant project account no. 469x101xARP204, “ADDI,” to be for a public purpose.

recommendation

PASS EMERGENCY