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011-93 Ordinance -'~'-"._.'~. RECORD OF ORDINANCES Dayton Legal Blank Co. Form No. 30043 I I I Ordinance No. nnnnU.-~.3 Passednm. nmn nnnnnm mmnnnmm19. n__~ I AN ORDINANCE TO AUTHORIZE THE I [",. ESTABLISHMENT OF A MERCHANDISING I . . FUND, AND DECLARING AN EMERGENCY i i I ! WHEREAS, Section 5705.12, of the Ohio Revised Code, I grants permission to the taxing authority of a I subdivision to establish special funds; and, ! WHEREAS, Dublin City Council passed a resolution in i support of a comprehensive economic development program on August 17, 1992; and, WHEREAS, one component of the comprehensive economic development program is marketing, including merchandising; and, WHEREAS, the revenue from the sale of the merchandise would be deposited in a special fund and used to purchase merchandise, as the intent of the merchandising campaign is to be self-supporting. NOW, THEREFORE, BE IT ORDAIN~ by the Council of the City of DUblin, State of Ohio, ~ of the elected members concurring that: [. i Section 1. That there be established a Merchandising Fund, an Enterprise Fund. Section 2. That the revenue generated from the sale of the merchandise be deposi ted wi th the Department of Finance to the credit of the Merchandising Fund. section 3. That appropriate expenditures from this fund would be for costs associated with the merchandising campaign, including the purchase of merchandise and related costs. Section 4. That this Ordinance is declared to be an emergency measure necessary for the immediate preservation of the public health, safety and welfare and shall take effect and be in force immediately upon its passage. Passed this J ..s-r day of "777 ~ , 1993. [ ATTEST: ~_~. ~ _ I~'lfere\lo~ted~-.~'~~ Clerk of Council . 0\ tbis ord:r,l1nf.e 15 t the Q:,\O 9.e'llsed . by tertii-{ thot copIes :,th c;\>;cf.01'l 73'. 0 \ hete .' Qccordante W f Dub\;O III OWO ~ ~ r1.. I.' lin 01110 _--- 1 c^nn6\, ntlb . - (IN\{ ()1 c,., ' I ",.:__;tIl~ ""...-- ,""',,,,"~,_...._ .u I.~ "9l';.