Title
Dept/ Agency: Finance
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Acceptance of Grant Funds/ MOU
Purpose: Special Municipal Aid to alleviate the City's financial distress
Entity Name: State of NJ, Division of Local Government Services
Entity Address:
Grant Amount: $12,000,000.00
Funding Source: State of NJ, Division of Local Government Services
Total Project Cost: N/A
City Contribution: N/A
Other Funding Source/Amount: N/A
Contract Period: January 1, 2009 through December 31, 2009
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) Non-Fair & Open ( ) RFP ( ) RFQ ( ) Private Sale
(X) Grant ( ) Sub-recipient ( ) n/a
Additional Information: N/A
Invitation: Finance Director, December 15, 2009