WHEREAS, pursuant to the provisions of Section 2.08 of Article II of the Charter of the Village of Granville, Ohio, the Village Council is authorized to adopt the Municipal budget for the fiscal year beginning January 1, 1998 and ending December 31, 1998, and;
WHEREAS, the Manager has recommended appropriations to supplement previously made appropriations.
NOW, THEREFORE, Be it ordained by the Council of Granville, Ohio, that:
Section I: The annual budget of the Village of Granville, as established by Ordinance No. 22-97, be amended by the Council, as recommended by the Manager, and is hereby adopted.
Section II: To provide for Operating Expenditures in the Debt Service Fund during the fiscal year ending December 31, 1998, the following appropriations are hereby made in the Debt Service Fund:
Account No. Account Add C1-5-A-260 Debt Service Fund - Principal $35,000
Section III: This ordinance is hereby declared to be an emergency measure necessary for the immediate preservation of the public peace, health, safety and welfare of the Municipality and its inhabitants. Wherefore, this ordinance shall in full force and effect from and immediately upon passage.