Title
Dept/ Agency: Economic & Housing Development
Action: ( x ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Approve July 1, 2012 to June 30, 2013 Annual Budget for Newark Workforce Investment Board
Purpose: Oversight of Local Workforce System
Amount: $1,592,536.00
Budget Period: July 1, 2012 to June 30, 2013
Additional Information:
Resolution 7R3-G (AS) 091510; Resolution approving Memorandum of Understanding between the City of Newark and Newark Workforce Investment Board.
No Action Taken, November 20, 2012
Deferred 7R3-a 120512
Invitation: Director of Economic & Housing Development, December 18, 2012
Failed 7R3-c (s) 121312
Failed 7R3-b 121912
Deferred 7R3-a 010313
Deferred 7R3-a (s) 010813
Deferred 7R3-a 011613
body
WHEREAS, the Workforce Investment Act of 1998, enacted by the 105th Congress on August 7, 1998, Public Law 105-220 (hereinafter referred to as the "Act") requires the establishment of locally designated Workforce Investment Areas and the appointment of local Workforce Investment Boards in order to receive an annual allocation of Act program and administrative funds; and
WHEREAS, the Governor of the State of New Jersey has designated the City of Newark as a Workforce Investment Area eligible for receipt of federal Act funds and state formula and non-formula funds; and
WHEREAS, as required by the Act and as authorized by Resolution 7R3-G(AS) adopted on September 15, 2010, the City of Newark and the Newark Workforce Investment Board ("NWIB") executed a Memorandum of Understanding setting forth the roles and responsibilities of the parties as defined in the Act which provides for the development of a comprehensive, integrated and market-driven workforce investment system (copies of the Resolution and the Memorandum of Understanding are attached hereto and made a part hereof); and
WHEREAS, in accordance with the requirements of the Act, the NWIB prepared an Operating Budget for the period of July 1, 2012 to June 30, 2013 in the amount of $1,592,536.00, the full amount of which is grant-funded; and
WHEREAS, the NWIB approved the budget by resolution on June 27, 2012 (a copy of the NWIB resolution is attached hereto and made a part hereof); and
WHEREAS, the NWIB is required to submit its yearly operating budget to the City of Newark and obtain formal approval of the budget from the City of Newark's Municipal Council.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Mayor of the City of Newark is hereby authorized and directed on behalf of the City of Newark to approve the NWIB's July 1, 2012 to June 30, 2013 Operating Budget (a copy of which is attached hereto and made a part hereof) in the total amount of $1,592,536.00.
STATEMENT
Resolution authorizing the Mayor of the City of Newark, as the Chief Elected Official of the Newark Workforce Investment Area, as agreed to in the Memorandum of Understanding, as required by the Federal Workforce Investment Act of 1998, Public Law 105-220, with the Newark Workforce Investment Board, a 501(c)(3) not-for-profit corporation established in the State of New Jersey with its principal offices at 990 Broad Street, 2nd Floor, Newark, NJ 07102, to approve the Newark Workforce Investment Board's July 1, 2012 to June 30, 2013 NWIB Operating Budget in the amount of $1,592,536.