File #: 10-0757    Version: Name:
Type: Resolution Status: Adopted
File created: 5/19/2010 In control: Finance
On agenda: 5/19/2010 Final action: 5/25/2010
Title: Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Special Emergency Appropriation Purpose: Authorizing the issuance of Special Emergency Notes Funding Source: City of Newark Budget Appropriation Amount: $4,000,000.00 ($800,000.00 each year) Budget Year: 2010 through 2014 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: Providing for the financing of a $4,000,000.00 Special Emergency Appropriation, which was approved by ordinance 6PSF-i 100709 and must be retired in annual installments of $800,000.00 commencing in the 2010 Fiscal Year, through the issuance of Special Emergency Notes. Operating Agency: Finance Two-Thirds vote of full membership required. Deferred 7R5-g(as)051910

Title

Dept/ Agency:  Finance

Action:  (   ) Ratifying     (X) Authorizing     (  ) Amending

Type of Service: Special Emergency Appropriation

Purpose: Authorizing the issuance of Special Emergency Notes

Funding Source: City of Newark Budget

Appropriation Amount:  $4,000,000.00  ($800,000.00 each year)

Budget Year:  2010 through 2014

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: 

Providing for the financing of a $4,000,000.00 Special Emergency Appropriation, which was approved by ordinance 6PSF-i 100709 and must be retired in annual installments of $800,000.00 commencing in the 2010 Fiscal Year, through the issuance of Special Emergency Notes.

Operating Agency: Finance

Two-Thirds vote of full membership required.

Deferred 7R5-g(as)051910