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HomeMy Public PortalAboutr 23-186Yvroolution of the �30rvgh of &djord,''' 0- #23-186 Date of Adoption July 27, 2023 RESOLUTION —NJS 4A:4-53, 54, 55.1 and 55.13 WHEREAS, it has been found necessary to make an Appropriation to meet certain extraordinary expenses incurred, or to be incurred, by Preparation of Revaluation of Real Properly and, WHEREAS, NJS40A:4-55 provides that it shall be lawful to make such appropriation, which appropriation and/or the "special emergency notes" issued to finance the same shall be provided for in succeeding annual budgets by the inclusion of an appropriation of at least one -fifth or one-third of the amount authorized pursuant to this act. NOW, THEREFORE BE IT RESOLVED, (by not less than two-thirds of all governing body members affirmatively concurring) that in accordance with the provisions of NJS 40AA-55: .I. An appropriation is hereby made for Preparation of Revaluation of Real Property in the total amount of $400,000.00. 2. That the appropriation shall be provided for in the budgets of the next succeeding years by the inclusion of not less than $80,000.00 (must be at least one fifth or one-third of the total amount). 3. That a note not in excess of the amount authorized pursuant to law, be provided. 4. That such note shall be executed by Mayor Daniel J. Reiman and Patrick J. DeBlasio, CFO. 5. That said note shall be dated October 1, 2023, may be renewed from time to time provided that such note and any renewals shall mature and be paid in the amount of not less than one -fifth or one-third of the total amount appropriated by this resolution in each year after the authorization. 6. That the statement required by the Local Finance Board has been filed with the Clerk and a copy will be transmitted to the Director of the Division of Local Government Services. 7. That two (2) certified copies of this resolution will be filed with the Director of the Division of Local Government Services; however, no approval is required from the Division. Adopted this 27th day of July, 2023 and certified as a true copy of the original on July 28, 2023. CARMELA POGORZELSKI Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. BELLINO X JOHAL X DIAZ X KRUM DIMASCIO X NAPLES X X-Indicate Vote AB -Absent NV - Not Voting XOR- Indicates Vote to OvermleV o Adopted at a meeting of the Municipal Council July 27, 2023