Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: 2022 Annual Budget for the Partnership West, Inc. (West Ward Special Improvement District)
Purpose: Reading and Adopting 2022 Annual Budget of Partnership West, Inc. (West Ward Special Improvement District).
Amount: $500,000.00
Budget Period: January 1, 2022 through December 31, 2022
Additional Information:
Budget Introduction authorized by Resolution 7R2-b adopted on January 5, 2023.
The Public Hearing has been advertised for the Regular Meeting on March 1, 2023 at 12:30 P.M.
Deferred 7R2-c 021523
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WHEREAS, on January 5, 2023, the Municipal Council adopted Resolution 7R2-b, which introduced and approved the proposed budget of the Partnership West, Inc. (the "West Ward Special Improvement District") for the fiscal year 2022, (January 1, 2022 through December 31, 2022) ("FY 2022"), in the amount of Five Hundred Thousand Dollars and Zero Cents ($500,000.00), and scheduled a Public Hearing upon said budget for March 1, 2023, as required under N.J.S.A. 40:56-84; and
WHEREAS, the Department of Economic and Housing Development publicly advertised the proposed budget for the West Ward Special Improvement District for FY 2022 and the time and place for the March 1, 2023 hearing in the Star Ledger on February 17, 2023, which date represents at least ten (10) days prior to the hearing date of March 1, 2023, as required by N.J.S.A. 40:56-84(d); and
WHEREAS, the Wednesday, March 1, 2023 hearing date represents no less than twenty-eight (28) days from January 5, 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 Special Improvement District for FY 2022 in a public place where public notices are customarily posted, within the basement area of Newark City Hall, and a ...
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