April 23, 2014

Elyria
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10. Elyria receives $3.4 million in unclaimed funds

For Elyria city officials, being the recipient of the largest amount of unclaimed funds in Ohio’s history – more than $3.4 million – was a very good problem to have in 2013.

For months, Mayor Holly Brinda and City Council members pondered how to spend the windfall and by June a solid plan was put into place. Road projects were the true winners in the city’s pseudo lottery.

Roughly $1.8 million of the total went toward the city’s share of the 49th Street bridge reconstruction project. The next chunk — $800,000 — went toward the Middle Avenue street construction project, and all 11 Council members voted in favor of putting $500,000 into the street resurfacing fund, spending $174,000 on technology and software upgrades and $75,000 for a new time-clock system.

It also was decided that $60,000 would go toward new security measures at Elyria City Hall.