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No. #23-69 Date of Adoptio March 2, 2023
ADOPTING THE CARTERET BUSINESS PARTNERSHIP, INC.
2023 ANNUAL SID II BUDGET
WHEREAS, the Carteret Business Parhnership, Inc. (the "CBP"), the district management
corporation for the Borough of Carteret (`Borough") Special Improvement District ("SID"), has
submitted their proposed SID 11 Budget for the 2023 Calendar Year. ("SID II Budget") to the
Governing Body for its approval and ultimate adoption according to law; and
WHEREAS, on February 2, 2023, the Governing Body adopted Resolution #23-50, Introducing
and Approving the submitted SID II Budget and scheduling the same for a Public Hearing on
March 2, 2023, all in accordance with the applicable law; and
WHEREAS, as advertised, the Governing Body held a Public Hearing on the SID I Budget on
this date, with the majority of the full membership of the Governing Body having determined that
the said SID II Budget be read by title, hereby declaring that the following required conditions
therefore having been met as follows:
L At least one week prior to file date of the Public IIearing, this March 2, 2023,
a complete copy of the approved budget, as advertised, was posted in a
public place where public notices are customarily posted in the principal
municipal building of the Borough; and
2. A complete copy of the SID II Budget was made available to any person who
requested the same; and
WHEREAS, the Public Bearing on the SID II Budget was opened to the public, giving all
persons having an interest therein the oppotunity to present any objections with regard to the
same, and no one presented any objections thereto, after which the hearing was closed; and
WHEREAS, the Governing Body wishes to hereby Adopt the said SID II Budget as presented by
the CBP, without any amendments. .
NOW, THEREFORE, BE 1T RESOLVED that the Mayor and Council of the Borough of
Carteret as follows:
1. That the above referenced 2023 SID II Budget is hereby Adopted as
presented by the CBP without any amendment thereto.
2. That a copy of this resolution be forwarded to the Director of the Carteret
Business Partnership.
Adopted this 2nd day of March, 2023
and certified as a It no copy of the
original oil March 3, 2023.
CARMELA POGORZELSKI, RMC
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN
YFS
NO
NV
A.B.
COUNCILMAN
YES
NO
NV
A.B.
BELLINO
X
JOHAL
X
DIAZ
X
KRUM
R
DIMASCIO
X
NAPLES
X-Indicate Vote A➢ - Ahsent NV -Not Voting XOR- Indicates Vole to Overrule Vet
Adopted at a meeting of the Municipal Council
!
y March,2, 2023
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Carteret Business Partnership, Inc.
61 Cooke Avenue
Carteret, New Jersey 07008
732-541-3835
2023 — SID II Budget
Appropriation
Administration
Business Expenses/Meetings
Capital Projects
Reserve
Program Grants - Safety Grants
Program Services — Police Patrols
Total 2023 SID H Budget
Amount to be raised — SID II assessments
$100,000.00
$25,000.00
$300,000.00
$25,000.00
$150,000.00
$250,000.00
$850,000.00
$8509000.00