Title
Dept/ Agency: Administration/Office of Management & Budget
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Temporary Emergency Resolution for Sewer Utility
Purpose: To provide funds for the operating expenses of the Sewer Utility
Funding Source: City of Newark Budget/Sewer Utility
Appropriation Amount: $10,374,112.00
Budget Year: 2016
Contract Period: April 1, 2016 through April 30, 2016
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: Sewer Utility, Citywide
Two-Thirds vote of full membership required.
body
TE-#S2
WHEREAS, pursuant to N.J.S.A. 40A: 4-19 the Municipal Council of the City of Newark, New Jersey; adopted Resolution 7R1-n dated December 16, 2015, to provide temporary funds for the period of January 1, 2016 through March 31, 2016, until the adoption of the Operating Budget of the City of Newark, New Jersey; and
WHEREAS, additional appropriations will be required for the Sewer Utility from April 1, 2016 through April 30, 2016, until the adoption of the Operating 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 2016, pursuant to N.J.S.A. 40A: 4-20 including this resolution total........................................$21,895,903.00.
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