Title
Dept/ Agency: Administration/Office of Management and Budget
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Budget Insertion
Purpose: Delancy Street (Final Design) Project
Funding Source: New Jersey Department of Transportation, Local Aid and Economic Development
Appropriation Amount: $590,823.00
Budget Year: 2019
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale (X ) Grant ( ) Sub-recipient (X) n/a
Additional Information:
Funds accepted by Resolution 7R3-c(AS) adopted on November 8, 2018 Original Grant Amount: $1,199,990.00;
Modification #1: $201,315.00;
Current Modification #2: $590,823.00
Total Project Cost: $1,992,328.00
Contract Period: April 6, 2018 through April 6, 2020
Operating Agency: Department of Engineering
Two-Thirds vote of full membership required.
body
BI#4
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, by award letter dated June 18, 2018, effective April 6, 2018, the New Jersey Department of Transportation, Local Aid and Economic Development has made available $590,823.00 to be used for Delancy Street (Final Design) Project for the City of Newark; and
WHEREAS, funding has been accepted by Resolution 7R3-c (AS) dated November 8, 2018, from the New Jersey Department of Transportation, Local Aid and Economic Development, the City of Newark was awarded $590,823.00 to be used for the Delancy Street (Final Design) Project for the City of Newark.
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 Local Government Services to approve a budget insertion in the amount of $590,823.00 in the budget year 2019 as set forth in Schedule A, attached hereto and made a part hereof.
2. The aforesaid insertion is, in the opinion of the Governing Body, warranted and authorized by N.J.S.A. 40A:4-87 and are necessary for the orderly operation of the municipality.
3. A copy of this resolution shall be filed with the Director of the Division of Local Government Services by the City Clerk of the City of Newark.
STATEMENT
This Resolution establishes the revenue and appropriation in the 2019 Municipal Budget for $590,823.00 for the Delancy Street (Final Design) Project. Funding has been provided by the New Jersey Department of Transportation, Local Aid and Economic Development.
SCHEDULE A
ANTICIPATED ITEM OF REVENUE SPECIAL ITEM OF APPROPRIATION
The Delancy Street (Final Design) Project Unclassified Purposes
Special Item of Appropriation
New Jersey Department of New Jersey Department of
Transportation Local Aid and Transportation Local Aid and
Economic Development Economic Development
$590,823.00 $590,823.00
1. Project Director is Phillip Scott, Director of Engineering.
2. Fiscal Officer is Danielle Smith, Director of Finance.
3. The Operating Agency is the Department of Engineering.
4. The type of funding is reimbursement payments upon submission of quarterly expenditure reports.
5. The grant period is April 6, 2018 to April 6, 2020.
6. A copy of this resolution shall be immediately filed with the Director of the Division of Local Government Services by the City Clerk of the City of Newark.