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HomeMy Public PortalAboutOrd. 17-04Mrbi na= No. 17-+ of fly " PlarmIA of ffarbref, N_ BOROI'Gll OF CARTERET C'Ol NTT OF MIDDLESEX, N r%% .IERSEY CALENDAR YEAR 2017 ORDINANCE TO EXCEED THE MUNICIPAL. BI'DGE.T APPROPRIATION LIMITS AND TO F.SI BLIS11 A CAP BANK (NA.S.A. 40A: 44.5. 14) NN HERLAS. the Local (imernment Cap Loa. N.J.S. 400: 4-45.1 et say.. pro%ides that in the preparation of its annual bud cl. a n,nniciparl% shall limit an} increase in said budget up to 0.1 unless authorized b% ordinance to increase it to 3.5 mer the precious }car's final appropriations. subject to certain exceptions: and. Ii HEREAS, N..LS.A. 0A: -4-4-5,1 is provides that a municipalih ma%. %% hen authorised b% ordinance. appropriate the difference lmh%wen the amount of its actual final appropriation and the 3.5 percenuige rate a, an e\ccption to its final appropriations in either of the next t%%O Succeeding years: and. N1l1EREAS. the Nlayor and Borough Council of the Borough of Carteret. in the C'ounq of Middlesex. finds it ado isable and necessary to increase its CY2017 budget by up to 3.59 -,, o%cr the pre%ious }car's final appropriations. in the interest of promoting the health. safety and %Nelt'are of the citisens: and. WHEREAS. the Mayor and Borough Council hereby determines that a 3.0 "a increase in the budget tin• Said year. amounting to S932.00i.63 in excess ofthe increase in final appropriations othernise permitted by the Local Gmernment Cap La%%. is ad%isable and necessar}: and. WHEREAS the Mayor and Borough Council herehy determines that any amount authorized hereinabo%e that is not appropriated as part of the Final budget shall be retained as an exception to final appropriation in either of the next mvo succeedim, %cars. NOW THEREFORE BE IT ORDAINED. by the Iblayor and Borough Council of the Borough of Carteret. in the Count) of Middlesex. a majoriq of the full authorized membership ofthis go%eming bod aflirmathely concurring. that. in the CY 2017 budget year. the final appropriations ofthe Borough of Carteret shall. in N accordance %%ith this ordinance and .J.S.A. 40A: 445.14. be increased by 3.5 %. amounting to $1.037.33296. and that the CY 3017 municipal budget for the Borough of Carteret be appro%ed and adopted in accordance %%ith this ordinance. and. BE IT FURTHER ORDAINED, that any that any amount authorized hercinahme that is not appropriated as part of the final budget shall be retained as an exception to final appropriation in either ofthe next two succeeding years: and. BE IT FURTHER ORDAINED. that a certified copy ofthis ordinance as introduced be tiled %%ith the Director of the Division of Local Government Services within i days of introduction: and. BE IT FURTHER ORDAINED, that a certified copy of this ordinance upon adoption. %%ith the recorded urie included thereon. be tiled with said Director nithin i days after such adoption. DO NOT USE SPACE BELOW THIS LINE RECORD Or COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. BELLINO X JOHAL X DIAZ X KRUM DI MASCIO X ,NAPLES X X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted on first reading of the Council of the Borough of Carteret, N.7., on T h 23, n7 Adopted on second reading after hearing on 6, 2017 APPROVED BY M YOR ON eee IIOROUGII CL •RIC AFFIDAVIT OF PUBLICATION The following is a true copy of an Ordinance or Resolution of the Borough of Carteret that has appeared in the Star Ledger, a newspaper which is printed in Newark, New Jersey and published in Essex County, of general circulation in said county and state. One 1 time(s), once in each issue as follows: March 29, 2017 Notary Pu`@Iic�d Nem4ersey Sworn and subscribe efore me this day of CARMELA POGORZELSKI NOTARY PUBLIC OF NEW JERSEY My Commission Exphes 9/27/2017 athleen M. Barney, MM Municipal Clerk ORDINANCE #17 -4 BOROUGH OF CARTERET COUNTY OF MIDDLESEX, NEW JERSEY CALENDAR YEAR 2017 ORDINANCE TO EXCEED THE MUNICIPAL BUDGET APPROPRIATION LIMITS AND TO ESTABLISH A CAP BANK (N.J.S.A. 40A:4- 45.14) The foregoing ordinance was intro- duced at a meeting of the Council of the Borough of Carteret held March 23, 2017 when it was adopted on first reading. The said ordinance will be further considered on second reading for fi- nal adoption at a meeting of said Council of the Borough of Carteret on April 6, 2017 at approximately 6:00 P.M., Borough Hall /Council Chambers, 61 Cooke Avenue, Carteret, New Jersey at which time and place all persons interested will be given an opportunity to be heard. Kathleen M. Barney, MMC Municipal Clerk 3/29/2017 $44.95 AFFIDAVIT OF PUBLICATION The following is a true copy of an Ordinance or Resolution of the Borough of Carteret that has appeared in the Star Ledger, a newspaper which is printed in Newark, New Jersey and published in Essex County, of general circulation in said county and state. One 1 time(s), once in each issue as follows: April 12, 2017 ... `c Kathleen M. Barney, MMC Municipal Clerk N Sworn and subscribed efore me this day of 6v CARMELA POGORZEL5K1 NOTARY PUBLIC OF NEW JERSEY My Commission Expires 9127/2017 ORDINANCE #17 -4 BOROUGH OF CARTERET COUNTY OF MIDDLESEX, NEW JERSEY CALENDAR YEAR 2017 ORDINANCE TO EXCEED THE MUNICIPAL BUDGET APPROPRIA- TION LIMITS AND TO ESTABLISH A CAP BANK ( N.J. S.A. 40A:4- 45.14) APPROVED AND ADOPTED:APRIL 6, 2017 INTRODUCED: MARCH 23, 2017 Advertised as Adopted on First Reading with notice of Public Hearing: MARCH 29, 2017 Hearing Held: APRIL 6, 2017 Approved By: MAYOR DANIEL J. REIMAN Advertised as Finally Adopted: APRIL 12, 2017 KATHLEEN M. BARNEY, MMC Municipal Clerk 4/12/2017 $A3.40