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HomeMy Public PortalAbout97:37No. 97 37 ORDINA~NCE REAPPROPRIAT,~rNG $2,328,50293 PROCEEDS OF OBLIGATIONS NOT NEEDED FOR THE. IR ORIGINAL PURPOSE IN' ORDER TO PRO'VIDE FOR ~ CONSTRUCTION OF A NEW L2[BRARY ..kb,rD SENrlOR CITIZENS CENTER IN' AND BY THE BOROUGH OF CARTElt~T, IN THE COUNTY OF MIDDLESEX, .NEW JERSEY. BE IT OtkDAENrE. D BY TI-IZ BOROUGH COL.*NCIL OF THE BOROUGH OF ZARTERET, IN? THE COL~'NT¥ OF NffDDLESEX, NEW JF_.i~SEY (not less than tsvo-tlfirds of all members thereof. ~fllrmatively concumng) AS FOLLOWS: Section I. Pursuant ta N J S.A. 40A:2~39, it is hereby determined that $2,328,502.93 of the proceeds of obligations originally made available pursuant to Section 3(a) of bond ordinance ~'95-16 of the Borough of Cartiere:, in the Count.,,, of.,'~Liddlesex, New Jersey finally adopted April 6, 1995 is no longer necessary for the purpose for wi:ich the obligations previously were authorized Section 2. The $2,328,502 93 deacribed in Section 1 and made available pursuant to N.J.S A 40A:2~39 is hereby reappropriated to pro¼de ~'br the construction ora new library and Senior Citizens Con[er on land to be acquired by purchase, ~ or condemnation described on the official Borough tax map and otherwise !-oho,am as set tbrth below, including also acquisition and installation of equipment mid furnishings and all work necessary, therefor or incidental thereto.: Block 190 Lots l&4 70 Cooke Avenue 190 2 66 Cooke Avenue 192 3 64 Cooke Avenue Scclion 3 The capita/budget of the Borough of Car:ere: is hereby amended to confom~ with the provisions of tkis ordinance to the ex'tent of any inconsistency herew4th. The resolution in 11010-001 1436211 NO. 97 37 2 of 2 I PAGE the £orm promul~.ated by the LocaJ Financc Boaid showbg Cull detail of the amended capital budget and capital pro_re'am as approved by the Director of the DMsion of LocaI Government Services is on file 'Mth the Clerk and is available there for public inspection Section 4. This ordinance shall take effecz 20 days ~er thc first publication thereof after final adoptiork as provided by the Local Bond Law. BIALOWARCZUK DUPONT FAILACE GUTOWSKI Adopted on Iii'st reading o[ file Council ~11' the Bolough oI Cailcret, NJ NOVEMBE~ 6, 1997 OCTOBER 16, 1997 APPROVIil) BY / f' ON -- ' '2 __