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Section 703.01 Fund Established

The Fiscal Officer is hereby directed to establish a separate fund in the General Fund designated the Justice Center Capital Projects Fund in accordance with ORC Section 5705.13(C), for collecting and expending funds for the purposes set forth herein.

(Ordinance No. O2022-0007, Enacted 12/6/2022, Effective 12/12/2022)

Section 703.02 Capital Improvements Policy

Funds in the Justice Center Capital Projects Fund shall be used solely to fund acquisition for, construction of, and improvements to a County correction center and courthouse.

(Ordinance No. O2022-0007, Enacted 12/6/2022, Effective 12/12/2022)

Section 703.03 Source of Capital Projects Funds

As of the effective date of this Chapter, the Fiscal Officer shall immediately transfer $53,609,757 from the General Fund into the Justice Center Capital Projects Fund. The Council may approve additional appropriations or cash transfers into the Justice Center Capital Projects Fund as needed.

(Ordinance No. O2022-0007, Enacted 12/6/2022, Effective 12/12/2022)

Section 703.04 Termination of Capital Projects Fund

A. The Justice Center Capital Projects Fund shall terminate on the earliest of:

1. Ten years from the effective date of this Chapter;
2. A total of $250,000,000.00 is accumulated in the Justice Center Capital Projects Fund; or
3. Repeal of this Chapter 703.

B. Any funds remaining in the Justice Center Capital Projects Fund upon its termination shall be returned to the General Fund

(Ordinance No. O2022-0007, Enacted 12/6/2022, Effective 12/12/2022)