Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: 2023 Annual Budget for the Partnership West, Inc., (West Ward Business Improvement District)
Purpose: Reading and Adopting 2023 Annual Budget of the Partnership West, Inc. Business Improvement District
Amount: $500,000.00
Budget Period: January 1, 2023 through December 31, 2023
Additional Information:
Budget Introduction authorized by Resolution 7R2-u adopted on December 20, 2023.
Public Hearing will be held on January 24, 2024 at 6:30 P.M. in the Council Chamber.
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WHEREAS, on December 20, 2023, the Municipal Council adopted Resolution 7R2-u, which introduced and approved the proposed budget of the Partnership West, Inc., (the "West Ward Business Improvement District") for the fiscal year 2023, January 1, 2023 through December 31, 2023 ("FY 2023"), in the amount of Five Hundred Thousand Dollars and Zero Cents ($500,000.00); and
WHEREAS, the Department of Economic and Housing Development publicly advertised the proposed budget for the West Ward Business Improvement District for FY 2023 and the time and place for the January 24, 2024 hearing in the Star Ledger on January 12, 2024, which date represents 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, on Wednesday, January 24, 2024, the hearing date represents 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 Department of Economic and Housing Development posted the budget for the West Ward Business Improvement District for FY 2023 in a public place where public notices are customarily posted, within the basement area of Newark City Hall, and a copy of said budget will be made available to those persons requesting same during the week prior to a...
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