Title
Dept/ Agency: Finance
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Confirming Bond Sale
Amount to be Financed: $95,000,000.00
Source of Appropriation: Bonds
Purchaser:
Project Information:
(Description/ Project No./Amount Appropriated/Ordinance No.)
Resolution consenting to the issuance of certain bonds for the North Jersey Water Supply Commission, Wanaque North Project and authorize the execution and delivery of a "Continuing Disclosure Agreement" attached as Exhibit "A"
Additional Information:
Bonds issued for the Wanaque North Project and Wanaque South Project shall not exceed $95,000,000.00
Deferred 7R5-a 090414
Deferred 7R5-a (s) 090914
Deferred 7R5-a 091714
Deferred 7R5-a 100114
Deferred 7R5-a 101514
Tabled Amador/Council of the Whole
body
RESOLUTION OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, STATE OF NEW JERSEY, CONSENTING TO THE ISSUANCE OF CERTAIN BONDS FOR THE WANAQUE NORTH PROJECT BY THE NORTH JERSEY DISTRICT WATER SUPPLY COMMISSION, AUTHORIZING THE EXECUTION OF A CONTINUING DISCLOSURE AGREEMENT IN CONNECTION THEREWITH AND DETERMINING CERTAIN OTHER MATTERS RELATED THERETO.
WHEREAS, the North Jersey District Water Supply Commission (the "Commission") is a public body corporate and politic of the State of New Jersey (the "State"), organized and existing under and by virtue of the laws of the State and, in particular, N.J.S.A. 58:5-1 et seq., as amended and supplemented (the "Act"), for the purpose, among other things, of providing local government water supplies; and
WHEREAS, the City of Newark (the "Local Unit"), a municipal corporation of the State located in the County of Essex, and the Commission have previously entered into that certain "Contract" dated as of October 31, 1918, as amended by "Contracts" dated January 24, 1924; March 24, 1925; June 4, 1925; June 11, 1925; June 25, 1925; June 25, 1925; August 4, 1925; May 25, 1926; Decemb...
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