Title
Dept/ Agency: Economic and Housing Development
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: 2022 Annual Budget for the Bergen Lyons Clinton Special Improvement District (BLCSID Partnership, Inc.)
Purpose: Reading and Adopting 2022 Bergen Lyons Clinton Special Improvement District Budget
Amount: $410,425.56
Budget Period: January 1, 2022 through December 31, 2022
Additional Information:
Budget Introduction authorized by Resolution 7R2-h adopted on January 18, 2023.
The Public Hearing has been advertised for the Regular Meeting on March 1, 2023 at 12:30 P.M.
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WHEREAS, on January 18, 2023, the Municipal Council adopted Resolution 7R2-h, which introduced and approved the proposed annual budget of the Bergen Lyons Clinton Special Improvement District ("BLCSID") for the Fiscal Year 2022 (January 1, 2022 through December 31, 2022) ("FY 2022"), 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 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 BLCSID budget for FY 2022 and the time and place for the March 1, 2023, hearing in the Star Ledger on February 17, 2023, which advertisement is 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 hearing date of Wednesday, March 1, 2023, is no less than twenty-eight (28) days from January 18, 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 2022 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 public h...
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