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HomeMy WebLinkAboutResolution 082-17RECORD OF RESOLUTIONS Dayton Legal Blank, Inc., Form No. 30045 82-17 Resolution No. R l'�' Cd _ _ _ , 20 A RESOLUTION REQUESTING THE DELAWARE, FRANKLIN AND UNION COUNTY AUDITORS TO DRAW MONEY THAT MAY BE IN THE COUNTY TREASURIES AND TO ISSUE A DRAFT TO THE DIRECTOR OF FINANCE OF THE CITY OF DUBLIN FOR ANY MONEY THAT MAY BE IN THE ACCOUNTS FOR THE CITY OF DUBLIN WHEREAS, Section 321.34 of the Ohio Revised Code allows local authorities, by resolution to request an advance of taxes collected to the accounts of such local authorities. NOVA. THEREFORE, BE IT RESOLVED by the Council of the City of Dublin, F of its elected members concurring, that: Section 1. Pursuant to Section 321.34 of the Ohio Revised Code, the Council of the City of Dublin hereby requests that the Delaware, Franklin and Union County Auditors draw and the Delaware, Franklin and Union County Treasures issue a draft to the Director of Finance of the City of Dublin for any money that may be in the Delaware, Franklin and Union County Treasuries to the account of the City of Dublin, and lawfully applicable to fiscal year 2018. Section 2. The Director of Finance be and hereby is directed to file this resolution with the Delaware, Franklin and Union County Auditors, together with any applications for documentation necessary or incidental thereto. Section 3. This Resolution shall take effect and be in force upon passage in accordance with Section 4.04(a) of the Revised Charter. Pasl4thisd�y of e— , 2017. ayor - Pre*ing (macer ATTEST: Clerk of Council a Office of the City Manager 5200 Emerald Parkwayo Dublin, OH 43017-109 itv of Dublin Phone-, 614-410-4400 * Fax: 614-410-4490 L To'x Members of Dublin City Council From: Dana L. McDaniel, City Mana 7r�W<c Date:. November 16, 2017 Initiated By: Angel L. Mumma, Director of Finance Re so Resolution 82-17 - Requesting the are, Franklin and Union County Auditors to Draw Money that May be in the County Treasuries and to Issue a Draft to the Director of Finance of the City of Dublin for any Money that May be in the Accounts for the City of Dublin. Resolution 82-17 allows the request to the counties for advances of property tax collections during calendar year 2018. This allows the City to receive funds prior to the established distribution dates and results in additional interest income earned by the City. Staff recommends approval of Resolution 82-17 at the November 20, 2017 Council meeting.