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Board signs OFCC project completion, authorizes transfer of remaining funds
Summary
The Tallmadge City Board approved the Ohio Facilities Construction Commission certificate of project completion and authorized the president and treasurer to execute the certificate and transfer remaining funds to the permanent improvement fund under ORC 3318.12.
The Tallmadge City Board of Education voted March 18 to approve an OFCC (Ohio Facilities Construction Commission) certificate of project completion and authorized the board president and treasurer to sign the document and transfer any remaining funds to the district's permanent improvement fund pursuant to ORC 3318.12.
A board member reviewed the project's history, noting COVID-related delays in OFCC paperwork and that the district is concluding the paperwork phase: "The paperwork, for the maintenance plan and the completion of the project is just catching up," the member said. Board discussion framed the vote as closing out a long-running capital program.
Why it matters: adopting the OFCC certificate formally closes the state-assisted facilities project and permits the district to reallocate residual funds into its permanent improvement fund for future capital needs.
Vote and next steps: the board approved the certificate by roll call and the treasurer was authorized to transfer remaining proceeds to the permanent improvement fund. The district will finalize and submit the executed certificate to OFCC as required.
