HomeMy Public PortalAboutr 23-274Yegolution of the �30rough of Tart ret, N� 4,
No. #23-274
Date of Adoption November 20, 2023
UEZ FUNDING REQUEST
CAPITAL IMPROVEMENTS MATCHING FUNDING FY23/24
WHEREAS, the Borough of Carteret UEZ Program desires to apply for and obtain
funding from the New Jersey Department of Community Affairs in the amount of
$500,000 for Capital Improvements, for participating UEZ member businesses within the
Borough wide UEZ designation; 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 authorized to sign the agreement and any other documents necessary in
connection therewith.
Dadr'cJ. Reiman, Mai r Bob Makin
Director Economic Development/
Urban Enterprise Zone Program
Adopted this 20d' day of November, 2023
and certified as a true copy of the
original on November 21, 2023.
CARMELA POGORZELSKI, RMC
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN
YES
NO
NV
A.D.
COUNCILMAN
YES
NO
NV
I A.D.
BELLINO
X
JOHAL
X
DIAZ
X
KRUM
X
DIMASCIO
Xt
NAPLES
X
11
X-Indicate Vote AB -Absent NV -Not Voting XOR-Indicates Vote to OverruleV to
Adopted at a meeting of the Municipal Council
.�
November 20 2 23
r �.
r MUNTCTPAT F.RK