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File #: 202102175    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 6/8/2021 In control: Cincinnati City Council
On agenda: 6/23/2021 Final action: 6/23/2021
ORD/RES# date: 6/23/2021 ORD/RES#: 0246-2021
Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/9/2021, APPROVING AND ADOPTING a Capital Improvement Program and Budget for Fiscal Year 2022, transferring and appropriating taxes and other revenue and existing funds for the purpose of carrying out certain parts of the Capital Improvement Program, and providing for the transfer and appropriation of notes to be issued and to be repaid from the lease proceeds of the Cincinnati Southern Railway to other parts of said Capital Improvement Program; AUTHORIZING the transfer and return to source Funds 757, 758, and 762 the sum of $4,000,000 from various existing General Capital Budget capital improvement program project accounts in accordance with the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of the sum of $1,500,000 to various existing General Capital Budget capital improvement program project accounts in accordance with the attached Schedule of Transfer; AUTHORIZING the transfer and ...
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. Schedules, 4. 246-2021, 5. 246-2021 T

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/9/2021, APPROVING AND ADOPTING a Capital Improvement Program and Budget for Fiscal Year 2022, transferring and appropriating taxes and other revenue and existing funds for the purpose of carrying out certain parts of the Capital Improvement Program, and providing for the transfer and appropriation of notes to be issued and to be repaid from the lease proceeds of the Cincinnati Southern Railway to other parts of said Capital Improvement Program; AUTHORIZING the transfer and return to source Funds 757, 758, and 762 the sum of $4,000,000 from various existing General Capital Budget capital improvement program project accounts in accordance with the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of the sum of $1,500,000 to various existing General Capital Budget capital improvement program project accounts in accordance with the attached Schedule of Transfer; AUTHORIZING the transfer and appropriation of the sum of $2,500,000, to be raised by the issuance of bonds by the City of Cincinnati, to various existing General Capital Budget capital improvement program project accounts in accordance with the attached Schedule of Transfer; Authorizing the transfer and appropriation of resources from various existing funds to various project accounts; and further DECLARING certain projects to be for a public purpose, all for the purpose of carrying out the Capital Improvement Program.

recommendation

PASS EMERGENCY