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HomeMy Public PortalAboutr 23-144�bzvlu#znu of thr �30rvugh of (gaxfexd) NM �� #23-144 1 Date ofAdootion June 8, 2023 UEZ FUNDING REQUEST CAPITAL IMPROVEMENTS MATCHING FUNDING FY23 DOWNTOWN AREA PROJECT WHEREAS, the Borough of Carteret UEZ Program desires to apply for and obtain finding from the New Jersey Department of Community Affairs in the amount of $250,000 to be used towards the Downtown Ared Capital Improvements Project; and BE IT THEREFORE RESOLVED, that the Borough of Carteret does hereby authorize the application for such funding; and, recognizes and accepts that the Department may offer a lesser or greater amount and therefore, upon receipt of the funding agreement for the New Jersey Department of Community Affairs, does further authorize the execution of any such funding agreement; and also, upon receipt of the fully executed agreement from the Department, does further authorize the expenditure of funds pursuant to the terms of the agreement between the Borough of Carteret UEZ Program and the New Jersey Department of Community Affairs, Division of Urban Enterprise Zone's Zone Assistance Fund; and BE IT FURTHER RESOLVED, that the persons whose names, titles and signatures appear below are authorized to sign the application, and that they or their successors in said titles are aut sized to sign the agreement and any other documents necessary in connection there It . Daaiel J. R6i a , a'or Bob Makin Director Economic Development/ Urban Enterprise Zone Program Adopted this 8" day of Jute, 2023 and certified as a true copy of the original on June 9, 2023. CARMELA POGORZELSKI, RMC Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES I NO NV A.D. BELLINO X JORAL X DIAZ X K2UM X DIMASCIO X MAPLES X- Indicate Vole AD- Absent NV -Not Voting XOR- Indicates Vote to OverodoVita Adopted at a meeting of the Municipal Council 1 ` June 2023 n _