2023-44 AN ORDINANCE AUTHORIZING THE MAYOR OF THE CITY OF VERMILION, OHIO TO ENTER INTO AN AGREEMENT WITH JULIAN & GRUBE, INC. OF WESTERVILLE, OHIO FOR ASSISTANCE IN COMPILATION FOR THE BASIC FINANCIAL STATEMENTS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) FOR A PERIOD OF THREE YEARS BEGINNING DECEMBER 31, 2023 THROUGH DECEMBER 31, 2025 FOR THE CITY OF VERMILION AND THE VERMILION PORT AUTHORITY AT A COST OF THIRTEEN THOUSAND FIVE HUNDRED DOLLARS ($13,500.00) PER YEAR AND DECLARING AN EMERGENCY.
WHEREAS, this City Council desires to authorize the Mayor of the City of Vermilion, Ohio to enter into an Agreement.
NOW, THEREFORE, BE IT ORDAINED, by the Council of the City of Vermilion, Counties of Erie and Lorain, State of Ohio:
SECTION 1: That the Mayor is hereby authorized to enter into an agreement with Julian & Grube, Inc. of Westerville, Ohio for assistance in compilation for the basic financial statements in accordance with Generally Accepted Accounting Principles (GAAP) for a period of three years beginning December 31, 2023 through December 31, 2025 for the City of Vermilion and the Vermilion Port Authority at a cost of Thirteen Thousand Five Hundred Dollars ($13,500.00) per year.
SECTION 2: That it is found and determined that all formal actions of this Council concerning and relating to the adoption of this ordinance were adopted in an open meeting of this Council, and that all deliberations of this Council and of any of its committees which resulted in such formal actions were in meetings open to the public and in compliance with all legal requirements, including Section 121.22 of the Ohio Revised Code.
SECTION 3: That this Ordinance is declared to be an emergency for the public peace, health, and safety of the City; wherefore, this Ordinance shall take effect immediately upon its passage and approval of the Mayor, providing it meets the statutory requirements for passage;