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202402284

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 10/30/2024, AUTHORIZING the transfer of $7,037,174 from the General Fund unappropriated surplus to General Fund balance sheet reserve account no. 050x3422, “Deferred Appropriations,” to preserve resources the City received from Bon Secours Mercy Health, Inc. pursuant to a Property Investment Reimbursement Agreement repayment to be used to support projects benefitting neighborhoods affected by the closure of the Bon Secours Mercy Health facility in the Bond Hill neighborhood.

Ordinance Passed Emergency Introduced October 25, 2024
Committee
Cincinnati City Council
Requested by
Budget and Finance Committee
Introduced
October 25, 2024
On agenda
November 6, 2024
Passed
November 6, 2024
Enacted
November 6, 2024
Enactment no.
0368-2024

Where it was heard

Cincinnati City Council Nov 6, 2024 Passed Emergency Pass Cincinnati City Council Nov 6, 2024 Emergency clause to remain Pass Cincinnati City Council Nov 6, 2024 Suspension of the three readings Pass Budget, Finance & Governance Committee Nov 4, 2024 Recommend Passage Emergency Cincinnati City Council Oct 30, 2024 Referred to Budget & Finance Committee