Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( X ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Appropriation
Purpose: Provide funds for the operating expenses of the Water Utility for May 2012
Funding Source: Water Utility Operating Budget
Appropriation Amount: $3,572,969.00
Budget Year: 2012
Contract Period: May 1, 2012 through May 31, 2012
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( X ) n/a
Additional Information:
Funds accepted by Resolution # N/A
Operating Agency: Water Utility
Two-Thirds vote of full membership required.
Failed 7R1-o 060712
body
TE-#W3
WHEREAS, pursuant to N.J.S.A. 40A: 4-19 the Municipal Council of the City of Newark, New Jersey; adopted Resolution 7R1-k dated January 5, 2012, to provide temporary funds for the period of January 1, 2012 through March 31, 2012, and 7R1-af dated April 4, 2012, to provide temporary funds for the period of April 1, 2012 through April 30, 2012, until the adoption of the Operating Budget of the City of Newark, New Jersey; and
WHEREAS, additional appropriations will be required for the Water Utility from May 1, 2012 through May 31, 2012, until the adoption of the budget; and
WHEREAS, N.J.S.A. 40A:4-20 provides that the Governing Body by a two-thirds vote may make temporary emergency appropriations for any purpose for which appropriations may lawfully be made for the period between the beginning of the current fiscal year and the date of the adoption of the budget for said year; and
WHEREAS, the emergency appropriations adopted in 2012, pursuant to N.J.S.A. 40A:4-20 including this resolution total……………………………………$26,245,748.00
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE...
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