32-2025 Q4 Transfers and Advances

Docusign Envelope ID: C34C338B- A0CC- 4FD7-A1 FF-62AC9AD89C2D 1st read & referred to Finance 11/ 17/ 25; 2nd reading 12/ 1/ 25. Please substitute for the original. ORDINANCE NO. 32- 2025 BY: Baker, Bullock, Evans, Kepple, Marx, Steiner, Strebig AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force at the earliest period allowed by law, authorizing the transfer and advance of certain funds. WHEREAS, as set forth in Section 2. 12 of the Third Amended Charter of the City of Lakewood, this Council by a vote of at least two thirds of its members determines that this ordinance is an emergency measure and that it shall take effect immediately, and that it is necessary for the immediate preservation of the public property, health, and safety and to provide for the usual daily operation of municipal departments to provide for the usual daily operation of the City in that the City must record all financial transactions within the appropriate fiscal period. Now therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, OHIO Section 1. That the Director of Finance be and is hereby authorized to make the following transfers: 120251 4th Qua rte r Fund Transfers Out Transfers In 101 General Fund 3, 175, 000. 00 Special Revenue Funds 211 S CM R Fund 950, 000. 00 250 Office on Aging IIIB 925, 000. 00 Capital Project Funds 401 Capital Project Fund 475, 000. 00 Enterprise Funds 530 Winterhurst 8257000. 00 Debt Service Payments 512 WWTP Improvements 500, 000. 00 301 Debt Service Fund 500, 000. 00 512 WWTP Improvements 325, 000. 00 511 WWTP 325, 000. 00 Fund Advances Out Advances In 101 General Fund 4, 000, 000. 00 Various Funds TB D in an amount not to exceed 4, 000, 000. 00 Section 2. The Third Amended Charter published in the Codified Ordinances is the official charter of the City of Lakewood.

Docusign Envelope ID: C34C338B- AOCC- 4FD7- A1 FF- 62AC9AD89C2D Section 3. It is found and determined that all formal actions of this Council concerning and relating to the passage of this ordinance were adopted in an open meeting of this Council, and that all such deliberations of this Council and of any of its committees that resulted in such formal action were in meetings open to the public in compliance with all legal requirements. Section 4. This ordinance is hereby declared to be an emergency measure necessary for the immediate preservation of the public peace, property, health, safety and welfare in the City and for the usual daily operation of the City for the reasons set forth and defined in the preamble to this ordinance, and provided it receives the affirmative vote of at least two thirds of the members of Council, this ordinance shall take effect and be in force immediately upon its adoption by the Council and approval by the Mayor, or otherwise it shall take effect and be in force after the earliest period allowed by law. DocuSigned by: Adopted: 12/ 15/ 2025 Approved: 42 F I/ Sarah Kepple, President of Council DocuSigned by: Maureen M. Bach, Clerk of Council 4-- Meghan V. George, Mayor