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HomeMy Public PortalAboutr 04:174No. 04-174 Date of Adoption May 20, 2004 RATIFYING A RESOLUTION OF THE CARTERET LIBRARY BOARD CANCELING CERTAIN UNEXPENDED MUNICIPAL APPROPRIATIONS WHEREAS, on April 14, 2004 Carteret Library Board unanimously adopted the following resolution. 1. Unexpended prior year municipal appropriations to the Carteret Public Library in excess of the Borough's statutorily Required are cancelled and returned to the Borough as follows: 2003-$27,389.60 2002- $25,859.02 2. The Board of Trustees has appropriated $49,700.00 as a component of the 2004 budget for debt services payment. WHEREAS, the governing body whishes to support and ratify the action taken by the Carteret School Board which will result in a savings to Carteret residents and tax payers. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret, that the above referenced resolution of the Carteret Library Board is hereby endorsed and ratified and the Borough hereby accepts the return of the canceled appropriations provided for therein. Adopted this 20th day of May and certified as a tree copy of the original on May 21, 2004. KATHLEEN M. BARNEY, RMC/CMC Municipal Clerk TL RECORD OF COUNCIL VOTE - COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. KRUM X gT~.q X NAPLES X SITARX X PARISI x .cl~qlqf~gg T X X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council / ~,9 May 20. 2004 CLERK (~' ~