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HomeMy WebLinkAboutResolution 63-11RECORD OF RESOLUTIONS al Blan'c. in F N 90 04 5 Realution No 63 -11 Passed 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. NO ,THEREFORE, BE IT RESOLVED by the Council of the City of Dublin, 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 Treasurers 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 2012. 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. Passed this - day of bu e-tkL o L k --- , 2011. Mayor - Pr idi g Officer ATTEST: 0 Clerk of Council City of Dublin Office of the City Manager 5200 Emerald Parkway • Dublin, OH 43017 -1090 Phone: 614- 410 -4400 • Fax: 614-410 -4490 To: Members of Dublin City Council From: Marsha I. Grigsby, City Manager t9 011 Date: December 8, 2011 Initiated By: Angel L. Mumma, Deputy City Manager /Director of Finance & Administration Memo Re: Resolution No. 63 -11 - 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 Summary Resolution 63 -11 allows the request to the counties for advances of property tax collections during calendar year 2012. This allows the City to receive funds prior to the established distribution dates and results in additional interest income earned by the City. Recommendation Staff recommends approval of Resolution 63 -11 at the December 12, 2011 Council Meeting.