File #: 16-1262    Version: 1 Name: Adoption of 2016 GNCVB SID Budget
Type: Resolution Status: Adopted
File created: 7/22/2016 In control: Economic and Housing Development
On agenda: 9/8/2016 Final action: 9/8/2016
Title: Dept/ Agency: Economic and Housing Development Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: 2016 Annual Budget for Greater Newark Convention & Visitors Bureau ("Bureau") Purpose: Reading & Adopting 2016 Annual Budget for Greater Newark Convention and Visitors Bureau Amount: Not to exceed $1,737,900.00 Budget Period: January 1, 2016 through December 31, 2016 Additional Information: Budget Introduction authorized by Resolution 7R3-b(s) adopted on July 19, 2016 Ordinance 6PSF-h adopted on June 19, 2013 - Authorized Creation of the Greater Newark Tourism Special Improvement District
Sponsors: Council of the Whole
Related files: 16-0997
Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: 2016 Annual Budget for Greater Newark Convention & Visitors Bureau ("Bureau")
Purpose: Reading & Adopting 2016 Annual Budget for Greater Newark Convention and Visitors Bureau
Amount: Not to exceed $1,737,900.00
Budget Period: January 1, 2016 through December 31, 2016
Additional Information:
Budget Introduction authorized by Resolution 7R3-b(s) adopted on July 19, 2016
Ordinance 6PSF-h adopted on June 19, 2013 - Authorized Creation of the Greater Newark Tourism Special Improvement District
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WHEREAS, on July 19, 2016, the Newark Municipal Council adopted Resolution 7R3-b(s), which introduced and approved the annual budget of the Greater Newark Convention & Visitors Bureau ("Bureau") for the fiscal year 2016 (January 1, 2016 through December 31, 2016) ("FY 2016"), in the amount of $1,737,900.00; and

WHEREAS, the Department of Economic and Housing Development scheduled a public hearing upon said budget for Thursday, September 8, 2016, as required under N.J.S.A.40:56-84, et seq.; and

WHEREAS, the Department of Economic and Housing Development publicly advertised the proposed "Bureau" budget for FY 2016 and the time and place for the September 8, 2016 hearing in the Friday, August 5, 2016, Star Ledger which advertisement is at least 10 days prior to the hearing date as required by N.J.S.A. 40:56-84 (d); and

WHEREAS, the Thursday, September 8, 2016 hearing date is not less than 28 days from July 1, 2016, the date of the approved budget, as required by N.J.S.A. 40:56-84 (e); and

WHEREAS, the Department of Economic and Housing Development posted the "Bureau" budget for FY 2016 in a public place where public notices are customarily posted, within the basement area of Newark City Hall, and a copy of said budget was made available to those persons requesting same during t...

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