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HomeMy WebLinkAbout2006-OR-06 ORDINANCE 2006-OR-6 AN ORDINANCE TO CLARIFY WHICH BOARD SHALL HAVE THE SOLE AUTHORITY TO APPROVE EXPENDITURES AND CLAIMS FROM FUNDS DERIVED FROM TAX INCREMENT FINANCE DISTRICTS (TIF DISTRICTS) WHEREAS, lC 36-1-2-6(3) designates the Common Council of the City of Jeffersonville as the Fiscal Body of said city, and WHEREAS, lC 36-1-2-9(3) designates the Common Council of the City of Jeffersonville as the Legislative Body of said city, and WHEREAS, IC 36-4-8-5(a) grants the Legislative Body of the City of JeffersonviHe the authority to approve all claims, THEREFORE, LET IT BE ORDAINED BY THE COMMON COUNCIL OF THE CITY OF jEFFERSONVILLE: SECTION 1: The Common Council of the City of leffersonville shall be the only body/board authorized to approve expenditures and claims derived from Tax Increment Finance (TIF) District funds. SECTION 2: The Clerk/Treasurer of the City of leffersonville shall pay no claim from TIF funds unless approved by the Common Council of the City of leffersonville. SECTION 3: Any employee, elected official, member of any board, or agent of the City of leffersonville who violates the , provisions of this ordinance will be personally liable for the cost of any claim against the City of Jeffersonville from said TIF funds. This ordinance shah be in full force and effect after passage by the Common Council of the City of Jeffersonville and approval bY the Mayor of the City of Jeffersonville. Approved by the Common Coun~-~f the City of Jeffe,rsonv. ille this /0f ~ ,2006. P~:esident, Jeffersonvdle Common Council ? //f p~d~a~.~d adopted by t~e Common Council of the City of jeffersonville thii'~ ~y' , 2006. ATTEST: 5 . jr.,Mayor ...... Peggy WtI~, Clerk Treasurer Presented by me as Clerk Treasurer to the Mayor of said City °f Jeffers°nville this ~ .. day of0~£c__~ 2006 Appro e~ Robe~ Wilder, Clerk Treasurer meth~s/0 day of [[IfOf ~__,2006 Vetoe y ~~t ,~- ,2006 ,d by .JtO~ert L. V~aiz Jr.X, Mayor ~. Waiz Jr., Mayor