Title
Dept/ Agency: Administration/Office of Management and Budget
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Budget Insertion
Purpose: CR 508 Central Avenue Bridge over City Subway Replacement Structure
Funding Source: State of New Jersey Department of Transportation
Appropriation Amount: $1,422,445.34
Budget Year: 2022
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Funds accepted by Resolution 7R3-a, adopted on November 14, 2022.
Operating Agency: Department of Engineering
Two-Thirds vote of full membership required.
body
BI #7
WHEREAS, N.J.S.A. 40A: 4-87 provides that the Director of Local Government Services may approve the insertion of any Special Item of Revenue in the budget of any local unit when such item shall have been made available by law and the amount thereof shall not have been determined at the time of the adoption of the budget, and may approve the insertion of an appropriation item of equal amount for the purpose of carrying out the purposes of the law making such item of revenue available for expenditure; and
WHEREAS, by grant award letter dated October 3, 2022, from the State of New Jersey Department of Transportation has made available One Million Four Hundred Twenty-Two Thousand Four Hundred Forty-Five Dollars and Thirty-Four Cents ($1,422,445.34) for the CR 508 Central Avenue Bridge over City Subway Replacement Structure.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY:
1. That in accordance with the provisions of N.J.S.A. 40A: 4-87, the City of Newark, New Jersey hereby requests the Director of Local Government Services to approve a budget insertion in the amount of One Million Four Hundred Twenty-Two Thousand Four Hundred Forty-Five Dollars and Thirty-Four Cents ($1,422,445.34) and an appropriation of an equal amount for CR 508 Central Avenue Bridge over City Subway Replacement Structure in the budget year 2022 as set forth in Schedule A, attached hereto and made a part hereof.
2. That the aforesaid insertion is, in the opinion of the Governing Body, warranted and authorized by N.J.S.A. 40A: 4-87 and is necessary for the orderly operation of the municipality.
3. A copy of this Resolution shall be file with the Director of the
Division of Local Government Services by the Acting City Clerk.
STATEMENT
This Resolution establishes the revenue and appropriation for the 2022 Municipal Budget in the amount of $1,422,445.34 for CR 508 Central Avenue Bridge over City Subway Replacement Structure. The State of New Jersey Department of Transportation is responsible for implementing the program. The project period is upon completion.