REQUESTING THE CUYAHOGA COUNTY TREASURER
TO ADVANCE FROM THE PROCEEDS OF TAX LEVIES
FOR THE COLLECTION YEAR 2016
WHEREAS, Section 321.34 of the Ohio Revised Code provides that money deposited in a County Treasurer to the account of a local authority and lawfully applicable to the purpose of the current fiscal year may be withdrawn by a municipality upon the proper request; and
WHEREAS, the Council has found and determined that sound fiscal policy requires that such withdrawal be requested from the Cuyahoga County Fiscal Officer and the Cuyahoga County Treasurer.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF MAYFIELD VILLAGE, OHIO, THAT:
SECTION 1. The Cuyahoga County Fiscal Officer be and is hereby requested to draw warrants and the Treasurer of Cuyahoga County be and is hereby requested to pay the Village of Mayfield all monies presently being held in the Cuyahoga County Treasury to the account of the Village of Mayfield, lawfully applicable to the purpose of the fiscal year 2016.
SECTION 2. The Clerk be and is hereby authorized and directed immediately to forward a copy of this Resolution to the Cuyahoga County Fiscal Officer and the Cuyahoga County Treasurer.
SECTION 3. The Council finds and determines that all formal actions of this Council relating to the adoption of this Resolution have been taken at open meetings of this Council; and that deliberations of this Council and of its committees, resulting in such formal action, took place in meetings open to the public, in compliance with all statutory requirements including the requirements of Section 121.22 of the Ohio Revised Code.
SECTION 4. This Resolution shall become effective upon its adoption by Council and signature of the Mayor, or at the earliest time permitted by law.