Ordinance 15-2023 Appropriating Unobligated Dollars in the ARP Coronavirus Local Fiscal Recovery Fund

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WHEREAS, the additional appropriation of such unobligated funds will not increase the Town's tax levy set in accordance with Ind. Code § 6-1.1-17, WHEREAS, the Town has caused notice of a hearing on said appropriation to be published as required by law; and WHEREAS, the public hearing was held on December 5, 2023 at 6:30 p.m., at Mooresville Town Hall, Mooresville, Indiana, concerning said appropriation at which time all taxpayers and interested persons had an opportunity to appear and express their views as to such additional appropriation; NOW, THEREFORE, BE IT RESOLVED BY THE MOORESVILLE TOWN COUNCIL, AS FOLLOWS: 1. The expenditure of Two Hundred Thousand Dollars ($200,000.00) of unobligated funds on deposit in the ARP Coronavirus Local Fiscal Recovery Fund is hereby approved and hereby appropriated by the Council for the purpose of providing funds to eligible Town employees in accordance with Ordinance 6-2021. 2. Such appropriation shall be in addition to all appropriations provided for in the existing budget and levy and shall continue in effect until the completion of the activities described above. Any surplus of such proceeds (including investment earnings thereon) shall be credited to the proper fund as provided by law. 3. The President and the Secretary of the Council shall be, and hereby are, authorized and directed to certify a copy of this ordinance, together with such other proceedings and actions as may be necessary, to the Indiana Department of Local Government Finance. [The remainder of the page is intentionally blank.]