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HomeMy Public PortalAboutr 16-198�R.eay. u'ivr of t4' ,, prrx. nl Is ,j: N o .' 16-198 Date of Adoption - t ged r 21 ,2016 APPROVING THE CARTERET BUSINESS PARTNERSHIP, INC 2017 ANNUAL SID II BUDGET WHEREAS, the Carteret Business Partnership, Inc. ( the "CBP "), the district management corporation for the Borough of Carteret ( "Borough ") Special Improvement District ( "SID "), has submitted its proposed SID II Budget for the 2017 Calendar Year (SID II Budget "), a copy of which is attached hereto, for ultimate adoption by the Governing Body; and WHEREAS, in accordance with the applicable law, the Governing Body wishes to hereby Introduce and Approve said SID 11 Budget as presented. NOV], THEREFORE, 8E IT RESOLVED that the Mayor and Council of the Borough of Carteret as follows: 1. That the above referenced 2017 SID 11 Budget is hereby Introduced and Approved by title. 2. That the Appropriate Borough officials are hereby authorized and directed to take all necessary action to have the said 2017 SID 0 Budget advertised in The Star Ledger in the issue of NMffi iI6 for a public hearing thereon to be held on December 27, 2016, as provided by law. Adopted this 21" day of November, 2016 and certified as a true copy of the original on November 22 " 2016. KATHLEEN M. BARNEY, MIMIC Municipal Clerk RECORD OF COUNCIL VOTE COUtVC(LMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. er9I 1I:0 1 x JOIJAL x DIAZ x F KRUN x DI his£CIO X nienTvc X X - Indicate Vote AB - Absent NV - Not Voting XOR Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Coin ed < -, Nafsr>trs 21. 2016 Carteret Business Partnership, Inc, •{ 61 Cooke Avenue _ a. Carteret, New Jersey 07008 r t 732 -541 -3835 ©� - BID K3 Budget A propriation Administration Capital Projects - Equipment Reserve Program Grants - Safety Grants Program Services - Police Patrols $35,000.00 $215,000.00 $5000.00 $110,000.00 $170,000100 Total 2017 SID d3 Bnftpt AM01122t to M' M e4 - SID �J aSnas san�ents $535,000.00 :5 5 d Q w r; N Z O 0 O U) U w.�a o 0 m w O ai 0 p �, 0, ° y U ° y -[ b.�+ d a) o a w a y ° 5 O w O i-� F ai d r A O — =_5 odxa7 a - � A N d - 0 h M, V sA o y 7 � r C3 t m Z N m e ® c � N � C Y'S t tl J 0 N N s w Q) O ff+ 4+ w O � b U p P,