File #: 202402284    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 10/25/2024 In control: Cincinnati City Council
On agenda: 11/6/2024 Final action: 11/6/2024
ORD/RES# date: 11/6/2024 ORD/RES#: 0368-2024
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 10/30/2024, AUTHORIZING the transfer of $7,037,174 from the General Fund unappropriated surplus to General Fund balance sheet reserve account no. 050x3422, "Deferred Appropriations," to preserve resources the City received from Bon Secours Mercy Health, Inc. pursuant to a Property Investment Reimbursement Agreement repayment to be used to support projects benefitting neighborhoods affected by the closure of the Bon Secours Mercy Health facility in the Bond Hill neighborhood.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. 368-2024 T, 4. 368-2024

title

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 10/30/2024, AUTHORIZING the transfer of $7,037,174 from the General Fund unappropriated surplus to General Fund balance sheet reserve account no. 050x3422, “Deferred Appropriations,” to preserve resources the City received from Bon Secours Mercy Health, Inc. pursuant to a Property Investment Reimbursement Agreement repayment to be used to support projects benefitting neighborhoods affected by the closure of the Bon Secours Mercy Health facility in the Bond Hill neighborhood.

recommendation

PASS EMERGENCY