Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: 2021 Annual Budget for Mt. Prospect Avenue Neighborhood Improvement District Management Corporation for the Mt. Prospect Avenue Neighborhood Improvement District (MPANID)
Purpose: Reading and Adopting 2021 Annual Budget for Mt. Prospect Avenue Neighborhood Improvement District Management Corporation
Amount: $330,000.00
Budget Period: January 1, 2021 through December 31, 2021
Additional Information:
Budget Introduction authorized by Resolution 7R2-e(s) adopted on May 11, 2021.
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WHEREAS, on May 11, 2021 the Municipal Council adopted Resolution 7R2-e(s), which introduced and approved the proposed budget for Mt. Prospect Avenue Neighborhood Improvement District Management Corporation for the Mt. Prospect Avenue Neighborhood Improvement District ("MPANID") ("FY 2021"), in the amount of Three Hundred Thirty Thousand Dollars and Zero Cents ($330,000.00); and
WHEREAS, the Department of Economic and Housing Development scheduled a public hearing upon said budget for June 22, 2021, 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 budget for the MPANID for FY 2021 and the time and place for the June 22, 2021 hearing in the Star Ledger on June 8, 2021, which date represents at least ten (10) days prior to the hearing date of June 22, 2021, as required by N.J.S.A. 40:56-84 (d); and
WHEREAS, the Tuesday, June 22, 2021 hearing date, represents no less than twenty-eight (28) days from May 11, 2021 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 MPANID for FY 2021 in a public place where public notices are customarily posted, within the basement area of New...
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