Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: 2023 Annual Budget for the Bergen Lyons Clinton Special Improvement District (BLCSID Partnership, Inc.)
Purpose: Reading and Adopting 2023 Bergen Lyons Clinton Special Improvement District Budget
Amount: $410,425.56
Budget Period: January 1, 2023 through December 31, 2023
Additional Information:
Budget Introduction authorized by Resolution 7R2-t adopted on December 20, 2023.
Public Hearing will be held on January 24, 2024 at 6:30 P.M. in the Council Chamber.
body
WHEREAS, on December 20, 2023, the Municipal Council adopted Resolution 7R2-t, which introduced and approved the proposed annual budget of the Bergen Lyons Clinton Special Improvement District ("BLCSID") for the Fiscal Year 2023 (January 1, 2023 through December 31, 2023) ("FY 2023"), in the amount of Four Hundred Ten Thousand Four Hundred Twenty-Five Dollars and Fifty-Six Cents ($410,425.56) and scheduled a Public Hearing upon said budget for January 24,2024, as required under N.J.S.A. 40:56-84; and
WHEREAS, the Department of Economic and Housing Development publicly advertised the proposed BLCSID budget for FY 2023 and the time and place for the January 24, 2024, hearing in the Star Ledger on January 12, 2024, which advertisement is at least ten (10) days prior to the hearing date of January 24, 2024, as required by N.J.S.A. 40:56-84 (d); and
WHEREAS, the hearing date of Wednesday, January 24, 2024, is no less than twenty-eight (28) days from December 20, 2023, the date of the approved budget, as required by N.J.S.A. 40:56-84(e); and
WHEREAS, the BLCSID budget for FY 2023 was also posted 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 the week prior to and the day of the publi...
Click here for full text