File #: 13-2289    Version: 1 Name: Reichhold Inc 13-2289
Type: Resolution Status: Filed
File created: 12/4/2013 In control: Water Sewer Utility
On agenda: 2/5/2014 Final action: 2/6/2014
Title: Dept/ Agency: Water and Sewer Utilities Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Refund Purpose: Overpayment on Water/Sewer Account 34514 Entity Name: Reichhold Inc. Entity Address: PO Box 13582, Research Triangle Park, North Carolina 27709-3582 Property Location: (Address/Block/Lot/Ward/Site Known As 400 Doremus Avenue / 5070 / 11 /East Amount of Refund: $13,128.77 Additional Information:
Sponsors: Council of the Whole
Title
Dept/ Agency:  Water and Sewer Utilities
Action:  (   ) Ratifying     (X) Authorizing     (   ) Amending
Type of Service: Refund
Purpose: Overpayment on Water/Sewer Account  34514
Entity Name:  Reichhold Inc.
Entity Address:  PO Box 13582, Research Triangle Park, North Carolina 27709-3582
Property Location:                   
(Address/Block/Lot/Ward/Site Known As
400 Doremus  Avenue / 5070 / 11 /East
Amount of Refund:  $13,128.77                
Additional Information:
                   
body
 
WHEREAS, Reichhold Inc. ("Owner"), is the owner of the property located at 400 Doremus Avenue, Newark, New Jersey 07105, also known as Block 5070, Lot 11, serviced by Water/Sewer Account No. 34514; and
 
WHEREAS, on October 3, 2013, said account had a zero balance as a result of estimated bills that were paid in full; and     
 
WHEREAS, on October 17, 2013, the estimated bills were re-evaluated, and as a result, a billing credit was issue on said account in the amount of $13,128.77 (see accounting details attached hereto and made a part hereof); and     
                                  
WHEREAS, on October 29, 2013, Reichhold Inc. made a request to be refunded $13,128.77 on said account due to the billing adjustment (see letter from Reichhold Inc. attached hereto and made a part hereof).
 
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
  1. The Mayor and/or his designee, the City Treasurer, are hereby authorized and directed to issue a refund check for the total amount of $13,128.77 to Reichhold Inc., PO Box 13582, Research Triangle Park, North Carolina, 27709-3582, as a result of a billing credit given due to estimated bills for Water/Sewer Account No. 34514.
  2. Attached hereto is a copy of the Certification of Funds from the Comptroller of the City of Newark, which states that there are sufficient legally appropriated funds for the purpose here-in-above set forth, and that the line appropriations of the official 2013 budget which shall be charged are Business Unit NW037, Department 750, Division 7501, Account #52610, Budget Ref. B2013.
  3. A copy of the fully executed resolution shall be filed in the Office of the City Clerk by the Acting Director of Water and Sewer Utilities.
 
STATEMENT
 
This resolution authorizes the City Treasurer to issue a refund check in the amount of $13,128.77 to Reichhold Inc., for a billing credit on Water/Sewer Account No. 34514.