HomeMy Public PortalAboutr 23-049Ye.00lufYon of fhe jgoxog4 of Tarterd, Y5-
No. #23-49
Data of Adootio February 2, 2023
APPROVING THE CARTERET BUSINESS PARTNERSHIP, INC.
2023 ANNUAL SID I 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 I Budget for the 2023 Calendar Year
("SID I 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 I Budget as presented.
NOW, THEREFORE, BE IT RESOLVED (hat the Mayor and Council of the Borough
of Carteret as follows:
1. That the above referenced 2023 SID I Budget is hereby Introduced
and Approved by title.
2. That Appropriate Borough Officials are hereby authorized and
directed to take all necessary action to have the said 2023 SID I
Budget advertised in The Star Ledger iri the issue of February 17,
2023 for a public hearing thereon to be held on March 2, 2023, as
provided by law.
Adopted this 2"d day of February, 2023
and certified as a hue copy of the
original on February 3, 2023.
CARMBLA POGORZELSKI, RMC
Municipal Clerk
RECORD OF COUNCIL VOTE'
COUNCILMAN
COUNCILMAN
M-
NO
NV
A.B.
BLLLINO
JONAL
X
DIAZ
TW-SNO
JNVA�,B.
KRUM
$
DIMASCIO
NAPLES
x
X- Indicate Vote AB - Absent NV -Not Voting XOR- Indicates Vote to Overmie Veto
Adopted at a meeting of the Municipal Council
February 2, 2 23
An
Municipal Qler
l
Carteret Business Partnership, Inc.
61 Cooke Avenue
Carteret, New Jersey 07008
732-541-3835
2023 — SID I Budget
Appropriation
Administration
Business Expenses
Capital Projects
CPAC
Events
Facilities & Equipment
Payroll
Professional Services
Program Grants
Program Services
Debt Services
Marketing
Total 2023 SID I Budget
Revenue
Recycling Trust
Clean Communities
Loan Receivables
Borough Budget Allocation
Other Income
Total Revenue
n
Amount to be raised — SID I assessments
$12500.00
$50,000.00
$750,000.00
$1,000,000.00
$300,000.00
$250,000.00
$500,000.00
$80,000.00
$300,000.00
$100,000.00
$300,000.00
$200,000.00
$3,955,000.00
$35,000.00
$25,000.00
$120,000.00
$ 500,000.00
$25,000.00
$7059000.00
$3,2509000.00
RESOLUTION: Adopting 2023 SID 1 and SID 2 Budgets
WHEREAS, the Carteret Business Partnership Board of Directors reviewed and discussed the budget for
2023 fiscal year, and
WHEREAS, on January 26, 2023 the Carteret Business Partnership, Inc. Board of Directors approved the
SID 1 and SID 2 budgets for 2023.;
NOW, THEREFORE, BE IT RESOLVED, that on this 26th day of January 2023, the Carteret Business
Partnership hereby approves the aforementioned budgets for the 2023 fiscal year.
ROLL CALL VOTE
Those in Favor: Reiman, D'Orsi, Wutkowski, Visceglia, Johal, Sica,
Opposed: N/A
Abstained: N/A
Adopted this day of January 26, 2023
and certified as a true copy of the
Original on January 26, 2023
Reiman,
Mark Hruska, Executive Director
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:
February 17, 2023
Carmela Pogo zel ki, MCJI
Municipal Clerk
(---..
Notary P 1ic of New Jersey
Sworn and subscribed before
me this_r%L day