202401073

ORDINANCE (EMERGENCY), submitted by Sheryl M. M. Long, City Manager, on 4/10/2024, AUTHORIZING the transfer of $5,000,000 from General Fund balance sheet reserve account no. 050x3425, “Affordable Housing,” to the unappropriated surplus of the General Fund; AUTHORIZING the transfer and appropriation of $5,000,000 from the unappropriated surplus of the General Fund to the Department of Community and Economic Development non-personnel operating budget account no. 050x164x7200 to provide resources for the Cincinnati Development Fund (CDF) to use for affordable housing initiatives; AUTHORIZING the transfer of $280,000 from the balance sheet reserve account no. 102x3443, “Hampton Inn Garage - Reserve for Capital Projects,” to the unappropriated surplus of Parking System Facilities Fund 102; and AUTHORIZING the transfer and appropriation of $280,000 from the unappropriated surplus of Parking System Facilities Fund 102 to the Division of Parking Facilities non-personnel operating budget account no. 102x248x7200 to provide resources to fulfill contractual obligations to 3000 Vine, LLC.

Ordinance Passed Emergency Introduced April 5, 2024

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