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21 -65 Date of Adoption April 8, 2021
AMENDING THE CASH MANAGEMENT PLAN
WHEREAS, THE BOROUGH OF CARTERET is duly constituted as a Local
Government Unit as permitted under the laws promulgated by the State of New Jersey,
and
WHEREAS, THE BOROUGH is subject to the requirements contained within the Local
Fiscal Affairs Law (N.J.S.A. 40A -5, et se g. ; and
NOW, THEREFORE BE IT RESOLVED, by the Borough's Governing Body that:
I. Resolution 1121 -04 sets forth financial institution(s) that are declared as the
Borough's Official Depositories for 2021 and will be approved by the Governing
Body for each subsequent year. Resolution 1121 -04 sets forth the Cash and
Investment Policy for 2021.
II. All disbursements for budgetary expenses, tax levy, capital outlay and
miscellaneous expenses, shall be withdrawn from the officially named
depository(ies) by check, which shall bear the signatures of three (3) of the
following persons, duly authorized pursuant to this Resolution, with the exception
of the Payroll Fund which shall bear one (1) signature. In addition, upon approval
of such disbursements by the Governing Body, funds may be withdrawn for
payment via eleCtrpni� transfej•.
J. Reiman, Mayor
Pogorzelski, Municipal Clerk
Patrick J. DeBlasio, CMFO
Ricardo D. Llanos, Municipal Treasurer
III. Certifying andtAptiroval Officer for all Borough expenses shall be the Borough's
Executive Director.
ADOPTED: this day f' day of April, 2021
and certified as a true copy of
jhe,original on Apr119, 2021.
April 9, 2021
Date
Date
RECORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NV
A.B.
COUNCILMAN
YES
NO
NV
A.B,
BELLIATO
X
J014AL
X
DIAZ
X
KRUM
X
DIMASCIO
X
NAPLES
X
X- Indicate Vote AB- Absent NV -Not Voting XOR -Indicates Vote to Overrule Veto
Adopted at a meeting of the Municipal Council
/`. A ril 8. 2021
CLERK .._._%
' 1