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AN ORDINANCE OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, NEW JERSEY, DIRECTING THE SPECIAL ASSESSMENT OF THE COST OF PHASE 1 OF THE LEAD SERVICE LINE REPLACEMENT PROGRAM.
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WHEREAS, the City of Newark, in the County of Essex, New Jersey, finally adopted Bond Ordinance Number 6PSF-d on August 8, 2018 (the "Lead Service Lines Bond Ordinance"), authorizing the City to issue its bonds and notes in the principal amount of $75,000,000.00 for the replacement of lead service lines in the City; and
WHEREAS, prior to the adoption of the Lead Service Lines Bond Ordinance, the United States Environmental Protection Agency (the "USEPA") adopted regulations to control lead and copper in drinking water and the NJDEP directed the City to replace lead service lines in accordance with the USEPA's lead and copper rule; and
WHEREAS, prior to the adoption of the Lead Service Lines Bond Ordinance, the Department of Water and Sewer Utilities of the City of Newark, with the assistance of CDM Smith, prepared and filed with the New Jersey Infrastructure Bank (the "NJIB") and the New Jersey Department of Environmental Protection (the "NJDEP") a Planning Document for Environmental Decision Document pertaining to a Lead Service Line Replacement Program in the City of Newark (as the same may hereafter be modified or amended, the "Planning Document"), involving the replacement of full or partial lead service lines serviced by the City's water distribution system; and
WHEREAS, the lead service lines connect to the City's water distribution system, but are owned by the property owner; and
WHEREAS, the Planning Document contemplated that the lead service lines would be replaced in ten (10) phases over a projected 8-year period; and
WHEREAS, prior to the adoption of the Lead Service Lines Bond Ordinance, the City had filed an application with the NJIB and the NJDEP under the State Water Bank Financing Progra...
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