Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Budget Insertion
Purpose: Newark Downtown Circulation Improvement Study
Funding Source: 2015
Appropriation Amount: $280,000.00
Budget Year: 2015
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
Funds accepted by Resolution 7R4-c100415
Operating Agency: Department of Engineering
Two-Thirds vote of full membership required
body
BI-#5
WHEREAS, N.J.S.A. 40A:4-87 provides that the Director of Local Government Services may approve the insertion of any Special Item of Revenue in the budget of any local unit when such item shall have been made available by law and the amount thereof shall not have been determined at the time of the adoption of the budget, and may approve the insertion of any appropriation item of equal amount for the purpose of carrying out the purposes the law making such item of revenue available for expenditure; and
WHEREAS, the North Jersey Transportation Planning Authority (NJTPA), has made available $280,000.00 for the Newark Downtown Circulation Improvement Study; and
WHEREAS, by award letter dated July 1, 2015, from the North Jersey Transportation Planning Authority (NJTPA), the City of Newark was awarded $280,000.00 (Federal Funding) for Newark Downtown Circulation Improvement Study, with a Local In-Kind Match of $70,000.00, for a total Grant of $350,000.00.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. In accordance with the provisions of N.J.S.A 40A:4-87, the City of Newark hereby requests the Director of Loca...
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