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HomeMy Public PortalAboutr 04:258 ~ezoluthm of tlye ~ornu£ly nf QIartcrct1 ~. W. No. 04-258 Date of Adoptio~ August 26, 2004 RESOLUTION OF THE BOROUGH OF CARTERET MAKING APPLICATION TO THE LOCAL FINANCE BOARD PURSUANT TO N.J.S.A.40A:2-7(d) AND N.J.S.A. 40A:2-11(c) WHEREAS, the Borough of Carteret, 1n the County of Middlesex, New Jersey desires to make application to the Local Finance Board for its review and approval of a proposed ordinance authorizing var10US improvements within the Borough's Special Improvement District; WHEREAS, the Borough believes that: (a) it 1S 1n 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 local unit or units; (c) the amounts to be expended for said purpose or improvements are not unreasonable or exorbitant; (d) the proposal 1S an efficient and feasible means of providing services for the needs of the inhabitants of the local unit or units and will not create an undue financial burden to be placed upon the local unit or units; 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 financial advisor, 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 introduced ordinance 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 findings, recommendations and/or approvals as provided by the applicable New Jersey Statute. Adopted this 26th day of August, 20û4 And certified as a true copy of the Origina on August 27, 2004. I I I KATHLEEN M. BA ¡ Municipal Clerk I RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. UDnu X RIDS X NAPrK<.; X SITARZ X µA"'I.... X SOStO\fSKI X x - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council ~~ ./ CLERK ~ 2ß1nrnuB4 nf Qlarf~r~f MIDDLESEX COUNTY ~cÚJ mCrSC\! OFFICE OF KATHLEEN M. BARNEY, Ri\1.C/CMC 61 COOKE AVENUE MUNICIPAL CLERK 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. EN CLS: CERTIFIED COpy OF RESOLUTION #04-258. KMB/cp cc: Treasurer Purchasing McManimon & Scotland File