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HomeMy Public PortalAboutr 23-275Yezatutiou of toe aeoixgh of aurf d, N45, No. #23-275 Date of Adoption November 20 2023 UEZ FUNDING REQUEST FA4'ADE 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 not to exceed the amount of $500,000 to be used towards the Fagade Project 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. �y D dl' Bob Makin Director Economic Development/ Urban Enterprise Zone Program Adopted this 20a' day of November, 2023 and certified as.a true copy of the original on November 21, 2023. CARMELAPOGORZELSKI,RMC Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.D. HELLINO X JOHAL X DIAZ X KRUM X DIMASCIO X NAPLES X X- Indicate Vote AB - Absent NV - Not Voting XOR- Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council i _Nov tuber 20 MUNIC AL C ER 2023 A-(