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59-09 ResolutionRECORD OF RESOLUTIONS Inc.. FGm No 3W33 Resolution No. 5 -09 Passed 20 A RESOLUTION REQUESTING THE DELAWARE, FRANKLIN AND UNION COUNTY AUDITORS TO DRAW AND THE DELAWARE, FRANKLIN AND UNION COUNTY TREASURERS TO ISSUE A DRAFT TO THE DIRECTOR OF FINANCE OF THE CITY OF DUBLIN FOR ANY MONEY THAT MAY BE IN THE COUNTY TREASURY TO THE ACCOUNT OF 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. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Dublin, State of Ohio, —7-- of the elected members concurring: Section 1 . That 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 2010. Section 2 . That 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 . That this Resolution shall take effect and be in force at the earliest time provided by law. Passed this - �7& day of 2009. I Mayor - Presiding Officer ATTEST: Clerk of Council I hereby certify that copies of this Ardioaoce/ Resolution were posted in the City of Dublin in accordance with Section 4.12(a) of the Revised Charter of the City of Dublin. uty Cldrk of Council, Dublin, Ohio 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: Terry Foegler, City ManagerTr/ Date: December 3, 2009 Initiated By: Marsha I. Grigsby, Deputy City Manager/Director of Finance Memo Re: Resolution No. 59 -09 -Authorizing Requests of Property Taxes Collected Background Resolution No. 59 -09 allows the Director of Finance, with approval of the City Manager, to request advances of property tax collections during calendar year 2010. This allows the City to receive funds prior to the established distribution dates and results in additional interest income earned by the City. Recommendation It is recommended that Resolution 59 -09 be passed at the December 7, 2009 Council meeting.