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~ezalutia1t af tIre flilarougIr af C!Ietrterd, ~~ W~
Date of Adoptio,August 7, 2008
No. 08-194
RESOLUTION
Requesting approval of the Director of the Division of
Local Government Services to establish a Dedicated Trust
Rider for RCA Second Generation Funds
WHEREAS, permission is required of the Director of
the Division of Local Government Services for approval as
a dedication by rider of revenues received by a
Municipality when the revenue is not subject to reasonable
accurate estimates in advance, and
WHEREAS, N.J.S.A. 52:27D-30l et seq. allows
municipalities to receive amounts for loan repayments and
interest on ReA Second Generation Funds, and
WHEREAS, NJSA 40A:4-39 provides that the Director of
the Division of Local Government Services may approve .
expenditures of monies by dedication by rider,
NOW, THEREFORE, BE IT RESOLVED by the Mayor and
Council of the Borough of Carteret, County of Middlesex,
State of New Jersey as follows:
1. The Mayor and Council hereby request permission of the
Director of the Division of Local Government Services
to pay expenditures for ReA Second Generation Funds.
2. The Municipal Clerk of the Borough of Carteret is
hereby directed to forward two certified copies of this
resolution to the Director of the Division of local
Government Services.
Adopted this 7th day of August,
2008 and certified as a true copy
of the original on August 8, 2008
KATHLEEN M. BARNEY, MMC
Municipal Clerk
RECORD OF COUNCIL VOTE
COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NY A.B.
BJ<:LLINO X KRUM ~. X
COlON X NAPlES X
DIAZ X SITARZ j(
X-Indicate Vote AB-Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto
Adopted at a meeting of the Municipal Council ~ August 7, 2008
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