Title
Dept/ Agency: Administration/Office of Management and Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: Local Freight Impact Fund (LFIF)-2023 Foundry Street Resurfacing Improvements Grant
Funding Source: New Jersey Department of Transportation (NJDOT)
Appropriation Amount: $2,096,000.00
Budget Year: 2023
Contract Period: Upon completion
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 Apply and Accept Resolution 7R3-a adopted on May 24, 2023.
Operating Agency: Department of Engineering
Two-Thirds vote of full membership required.
body
TE - #55
WHEREAS, an emergency has arisen in Special Item of Appropriation in the amount of Two Million Ninety-Six Thousand Dollars and Zero Cents ($2,096,000.00) for Local Freight Impact Fund (LFIF)-2023 Foundry Street Resurfacing Improvements Grant and no adequate provision has been made in the 2023 Temporary Budget for the aforesaid purpose; and N.J.S.A. 40A:4-20 provides for the creation of an emergency appropriation for the purpose above-mentioned; and
WHEREAS, by Resolution# 7R3-a dated May 24, 2023, the City of Newark accepted funds from the State of New Jersey Department of Transportation, in the amount of $2,096,000.00, to provide for LFIF-2023 Foundry Street Resurfacing Improvements; and
WHEREAS, N.J.S.A. 40A:4-20 provides that the Governing Body by a two-thirds vote may make temporary emergency appropriations for any purpose for which appropriations may lawfully be made for the period between the beginning of the current fiscal year and the date of the adoption of the budget for said year; and
WHEREAS, emergency appropriation adopted in 2023 pursuant to N.J.S.A. 40A:4-20 including this resolution tot...
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