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04-257 Date of Adoption August 26, 2004
No.
RESOLUTION OF THE BOROUGH OF CARTERET
MAKING APPLICATION TO THE LOCAL
FINANCE BOARD PURSUANT TO N.J.S.A. 40A:5A-4
WHEREAS, The Borough of Carteret, in the County of Middlesex, New Jersey (the
"Borough") desires to make application to the Local Finance Board for its review and/or
approval of an ordinance authorizing the creation of the Carteret Port Authority;
WHEREAS, The Borough believes that:
(a) it is in the public interest to accomplish such purpose;
(b) said purpose or improvements are for the health, welfare, convenience or
betterment of the inhabitants of the Borough;
(c) the amounts to be expended for said purpose or improvements are not
unreasonable or exorbitant;
(d) the proposal is an efficient and feasible means of providing services for
the needs of the inhabitants of the Borough and will not create an undue financial
burden to be placed upon the Borough;
NOW THEREFORE, BE IT RESOLVED BY THE BOROUGH OF CARTERET,
IN THE COUNTY OF MIDDLESEX, NEW JERSEY as follows:
Section 1. The application to the Local Finance Board is hereby approved, and
the Borough's Bond Counsel and auditor, along with other representatives of the Borough
are hereby authorized to prepare such application and to represent the Borough in matters
pertaining thereto.
Section 2. The Clerk of the Borough is hereby directed to prepare and file a copy
of the proposed resolution with the Local Finance Board as part of such application.
Section 3. The Local Finance Board is hereby respectfully requested to consider
such application and to record its approval as provided by the applicable New Jersey
statute.
Adopted this 26th day of August, 2004
and certified as a true copy ofth¿
original 0 August 27,2004.
:« ~
THLEENM. BA ',FY, RMCI~ I
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN YES NO NV A.B. COUNCILl'l'IAN YES NO NV A.B.
KRUM X UTnc: X
NA.PLES X SITARZ X
PARIST X SOSNOWSKI X
x - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto
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Adop~!illcß(\~ rl;~~~~ì¡g of the Municipal Council ~~~~
CLERK C/ -
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MIDDLESEX COUNTY
2\1'\11 ~[,[Sl'l!
TE L ("ï:)2) 311-:381111
FAX (7:32) 511-8~)2;)
OFFICE UF
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ì\1U!\'ICIPAL CLEI{K CARTERET, NEW JERSEY 07008
MEMORANDUM
TO: Director
Division of Local Government Services
Department of Community Affairs-Local Finance Board
P.O. Box 803
Trenton, NJ 08625-0803
FROM: KATHLEEN M. BARNEY, RMC/CMC
Municipal Clerk
DATE: AUGUST 30, 2004
SUBJECT: RESOLUTION OF THE BOROUGH OF CARTERET MAKING
APPLICATION TO THE LOCAL FINANCE BOARD.
ENCLS: CERTIFIED COPY OF RESOLUTION #04-257.
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