253-22 Resolution (3 percent) for Phase IA of Flood Mitigation Project - JMEUC 2022.pdf

#13390882.1 Section 4. The emergency appropriation shall be paid or funded by the Local Unit as a deferred charge in the budget for the fiscal year ending December 31, 2023 except, to the extent, if any, said emergency appropriation is paid or funded through the authorization of bonds or notes as an appropriation authorized by law pursuant to N.J.S.A. 40A:2-3. The Local Unit shall finance the emergency appropriation via the adoption of a bond ordinance prior to the adoption of the Local Unit’s 2023 budget. The Local Unit hereby requests, if necessary, the emergency appropriation to be excluded from CAPS, pursuant to N.J.S.A. 40A:4-45.4(c)(1). Section 5. Two (2) certified copies of this resolution shall be filed with the Director of the Division of Local Government Services and a certified copy of this resolution shall be filed with the Clerk of the Local Unit and with Everett M. Johnson, Esq., Wilentz, Goldman & Spitzer, P.A., bond counsel to the Joint Meeting. Section 6. This resolution shall take effect immediately. Karen J. Carnevale, R.M.C. Susan McCartney Municipal Clerk Council President Adopted: October 11, 2022