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No09-66 .
Date or A<lop'io,February 19, 2009
RESOLUTION APPROVING THE 2009 ANNUAL BUDGET OF THE
CARTERET BUSINESS PARTNERSHIP, INC. - SID I & II
WHEREAS, the Municipal Land Use Law NJ.S.A. 40:56-84 requires the Carteret
Business Partnership to submit a detailed annual budget to the Governing Body for
approval; and
WHEREAS, on February 17, 2009, the Carteret Business Partnership, Inc. Board of
Directors approved the 2009 Arumal Budget, which is annexed hereto as "Exhibit A",
and "Exhibit B"; and
NOW, THEREFORE, BE IT RESOLVED that the Governing Body of the Borough of
Carteret hereby approves the 2009 Annual Budget of the Carteret Business Partnership,
Inc. - SID I & SID II, 2009.
Adopted this 19'h day of February, 2009 and
certified as a tnle copy of the original on
February 20'", 2009.
KATHLEEN M. BARNEY, MMC
Municipal Clerk
COUNCILMAN TE
YES NO NV A.B. COUNCILMAN
YES NO N\' A.D.
BELLINO y KRUMn .-
X
COLQtL- y NAJ'JES -
llIAZ X SITARZ X -
- - X
-
X .Indicste Vote AB . Ab,~cnt NV. Not Voting XOR . Indlcnl~J> VOle III O\'.:rnll~ V':ll\
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Adopted at a meeting of the Municipal Council /)
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RECORD OF COUNCIL VO
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RESOLUTION No.: 09-01 SUBMITTING 2009 SID I & II ANNUAL BUDGETS
TO BOROUGH GOVERNING BODY FOR APPROVAL
WHEREAS, the Municipal land Use Law, NJ.S.A.40:56-84 requires the Board of
Directors to submit a detailed annual budgets for approval by resolution ofthe Borough's
Governing Body, and
WHEREAS, on FebrualY 17, 2009 the Carteret Business Partnership, Inc. Board of
Directors approved the annual budgets, which is annexed hereto as "Exhibit A" and
"Exhibit B" for the year 2009, and
NOW, THEREFORE, BE IT RESOLVED, that on this 17th day of February 2009, the
Carteret Business Partnership hereby approves the annual budget, which is annexed
hereto as "Exhibit A" and "Exhibit B" for the year 2009 and directs that said annual.
budget be fOlwarded to the governing body for introduction, approval, and adoption by
resolution.
ROLL CALL VOTE
Those in Favor:
Opposed:
Abstained:
Adopted this 1 i" day of February 2009
and certified as a true copy ofthe
Original on February 17, 2009.
"--"
Exhibit A
CARTERET BUSINESS PARTNERSHIP, INC.
SID I
2009 BUDGET
DESCRIPTION
APPROPRIATION
Special Improvement
District
Salaries and Wages
Admin. Office
Capital Improvements
Supplemental Sidewalk
Cleaning Program
Micro-Loan Program
Marketing
Engineering
Legal
SID Streetscape/Capital
Project
Total Budget 2009
REVENUE
Miscellaneous/Revenue
Borough Recycling Trust
Borough Clean
Communities Grant
Amount SID Assessment
2009 SID I
Budaet
$20,000.00
$1,500.00
$75,000.00
50,000.00
$100,000.00
$100,000.00
$15,000.00
$10,000.00
$500.000.00
$871,500.00
($5,000.00)
($20,000.00)
$846,500.00
Exhibit B
CARTERET BUSINESS PARTNERSHIP, INC.
SID II
2009 BUDGET
DESCRIPTION
APPROPRIATION
Special Improvement
District
SID District Police
Patrols
Capital Equipment
Competitive Grants'
Fire & Vol. Fire Depts.
Capital Equipment Grant
Vol. First Aid Squad
Capital Equipment Grant
Police Department
Capital Equipment Grant
OEM
Capital Equipment Grant
Competitive
Matching 75/25'
$25,000 Max Grant Award
per project
Total Budget 2009
REVENUE
. Miscellaneous/Revenue
Amount SID Assessment
2009
SID II
Budaet
100,000.00
100.000.00
$200,000.00
-0-
$200,000.00
$100,000
$100,000
Police District Patrols..................... ........
Capital Equipment Grant Criteria - Competitive....
Application Criteria:
1. OEM
2. Fire Department & Vol. Fire Department (Non-Profit)
3. Police
4. Vol. First Aid Squad (Non-Profit)
. Statement Project Plan
. Matched 75/25 (25% from applicant)
. Annual Report for previous year
e Certified Audit for Non-Profits
e $25,000 Grant Max per Agency