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HomeMy Public PortalAboutr 16-108No . 16 -108 Date of Adoption June 2, 2 016 REQUESTING APPROVAL OF INSERTION OF $372,398 THE 2016 BUDGET REVENUE AVAILABLE FROM THE NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY ACT GRANT WHEREAS, N.J.S. 40:4 -87 provides that the Director of Local Government Services may approve the insertion of any special item of revenue in the budget of any municipality when such item shall have been made available by law and the amount thereof was not determined at the time of the adoption of the budget, and WHEREAS, said Director may also approve the insertion of any item of appropriation for equal amount. NOW, THEREFORE, BE IT RESOLVED that the Borough of Carteret hereby requests the Director of the Division of Local Government Services to approve the insertion of an item of revenue in the budget of the year 2016 in the sum of $372,398 which item is now available as a revenue from the New Jersey Transportation Trust Fund Authority Act Grant. BE IT FURTHER RESOLVED that a like sum of $372,398 be and the same is hereby appropriated under the caption of: New Jersey Transportation Trust Fund Authority Act Grant Adopted this 2nd day of June,201t and certified as a true copy of the original on June, 3, 2016, KATHLEEN M. BARNEY, MMC Municipal Clerk M RECORD Or COUNCIL VOTE COUNCILMAN YES NO NV A.U. COUNCILMAN YES NO NV A.U. DIAZ X t R "dic Absent NV -Nat Vating XOR- Indicates Vole to Overrule Veto ipal Council one 2 2016 _ M