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HomeMy WebLinkAbout066-90 Ordinance I RECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 . 66-90 Passed mm uwm mmn__UU_ umumu19 Ordmance NO._m nmUmmU AN ORDINANCE AMENDING ORDINANCE NO. 06-90, THE ANNUAL APPROPRIA- TIONS ORDINANCE FOR FISCAL YEAR 1990 TO PROVIDE FOR THE INSTALLA- TION OF STREET LIGHTING AT DUBLIN VILLAGE CENTER AND DUBLIN CITY CENTER WHEREAS, the Ohio Revised Code requires, when necessary, amendments to the Appropriations Ordinance in order that appropriations are not overexpended; and, WHEREAS, Council has previously approved an amount of $150,000 for street lighting at Dublin Villager Center; and, WHEREAS, the developers of Dublin Village Center and Dublin City Center may have been or will be asked to contribute towards the installation of street lighting within their projects; and WHEREAS, an agreement attached hereto as "Exhibit A" provides for the City of Dublin to be reimbursed by Drexel Development Corporation in the amount of $98,700; and, WHEREAS, it is now necessary to appropriate additional funds to provide for the construction and payment of the entire project and allow Drexel Development Corporation and State Savings Bank to reimburse the City of Dublin for approximately half of the total project cost. NOW, THEREFORE BE IT ORDAINED by the Council of the City of Dublin, State of Ohio, 6 of the elected members concurring that: Section 1. That the City Manager is hereby authorized to enter into an agreement with Drexel Development Corporation and State Savings Bank to provide for the reimbursement of a portion of the installation of street lighting at Dublin Village Center. Section 2. That there be appropriated from the unappropriated balance in the Capital Improvement Tax Fund the sum of $156,600 to account DI0-07-7A-250L for the purpose of installing street lighting at Dublin Village Center. Section 3. That this Ordinance is hereby declared to be an emergency measure necessary for the preservation of the public peace, health and safety and therefore this Ordinance shall take effect and be in force immediately upon its passage. Passed this6th day of August , 1990. - 1 hereby certify that copies of th15 Ordinance/Resolution w~re po.sted in the Attest: City of Dublin in accordance with Sedlon 731.25 of the OhiO ReVised Code. JA/kt~ YJ}. W~ 7' /l J~~,~ Clerk ,f Coundl, Dublin, Ohio . .-...... tlerk of ouncil Sponsor: Planning Director