File #: 202302747    Version: 1
Type: Ordinance Status: Indefinitely Postponed
File created: 11/29/2023 In control: Cincinnati City Council
On agenda: 11/29/2023 Final action: 12/4/2023
ORD/RES# date: ORD/RES#:
Title: ORDINANCE (EMERGENCY), submitted by Councilmember Harris, AUTHORIZING the transfer of $7,095,646 from balance sheet reserve account no. 050x3440, "Infrastructure and Capital Project Reserve," to the unappropriated surplus of General Fund 050; AUTHORIZING the transfer and appropriation of $5,095,646 from the unappropriated surplus of General Fund 050 to various capital improvement program project accounts according to the attached Schedule A of the Capital Budget Schedule of Transfer to provide resources for identified one-time infrastructure and capital projects for identified urgent needs; AUTHORIZING the transfer and appropriation of $2,000,000 from the unappropriated surplus of General Fund 050 to the Department of Community and Economic Development General Fund non-personnel operating budget account no. 050x164x7400 to provide resources of $1,000,000 each for HomeBase to support Community Development Corporation Quickstrike Capital Acquisition and Project funding and for Seven Hill...
Sponsors: Reggie Harris
Attachments: 1. Ordinance, 2. Attachment

title

ORDINANCE (EMERGENCY), submitted by Councilmember Harris, AUTHORIZING the transfer of $7,095,646 from balance sheet reserve account no. 050x3440, “Infrastructure and Capital Project Reserve,” to the unappropriated surplus of General Fund 050; AUTHORIZING the transfer and appropriation of $5,095,646 from the unappropriated surplus of General Fund 050 to various capital improvement program project accounts according to the attached Schedule A of the Capital Budget Schedule of Transfer to provide resources for identified one-time infrastructure and capital projects for identified urgent needs; AUTHORIZING the transfer and appropriation of $2,000,000 from the unappropriated surplus of General Fund 050 to the Department of Community and Economic Development General Fund non-personnel operating budget account no. 050x164x7400 to provide resources of $1,000,000 each for HomeBase to support Community Development Corporation Quickstrike Capital Acquisition and Project funding and for Seven Hills Neighborhood Houses to support West End Reconciliation capital projects; and AUTHORIZING the expenditure of $1,000,000 each with HomeBase and Seven Hills Neighborhood Houses contingent on presentations regarding deployment of funds from both organizations to Council.