HomeMy WebLinkAboutResolution 69-12RECORD OF RESOLUTIONS
Inc.. Form No.5 5
69 -12
Resolution No.
Pissed . 2 0
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 FORTH E 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.
NOW, 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 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 2013.
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 - - 1� day of d2 &7'1E'/Gj' 2012.
Mayor - . O fficer
ATTEST:
Clerk of Council
Office of the City Manager
City of Dublin Pho 614 - 410.4400 • Fax:b614 -0410 -4490 1090
To: Members of Dublin City Council
From: Marsha I. Grigsby, City Manager
Date: December 6, 2012
Memo
Initiated By: Angel L. Mumma, Deputy City Manager/ Director of Finance & Administration
Re: Resolution 69 -12 - 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 69 -12 allows the request to the counties for advances of property tax collections
during calendar year 2013. 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 69 -12 at the December 10, 2012 Council meeting.