Town of Kearny
New Jersey

Resolution
(R)-2018-232

Resolution of the Town of Kearny, in the County of Hudson, New Jersey Making Application to the Local Finance Board Pursuant to N.J.S.A. 40A:3-1 et seq. for Appropriations Set Forth in Bond Ordinance No. 2018-23.

Information

Department:Chief Financial OfficerSponsors:Council Member Carol Jean Doyle
Category:Recommendations

Body

              WHEREAS, the Town of Kearny, in the County of Hudson, New Jersey (the "Town") desires to make application to the Local Finance Board pursuant to the provisions of N.J.S.A. 40A:3-1 et seq. for its approval of a bond ordinance providing for Harvey Field lighting improvements, appropriating $833,400 and authorizing bonds and notes in the amount of $791,730; and

 

              WHEREAS, the Town 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 local unit or units;

 

(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 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 TOWN COUNCIL OF THE TOWN OF KEARNY, IN THE COUNTY OF HUDSON, NEW JERSEY as follows:

 

              Section 1.                The application to the Local Finance Board is hereby approved, and the Town's bond counsel, McManimon, Scotland & Baumann, LLC, and auditor, along with other representatives of the Town, are hereby authorized to prepare such application and to represent the Town in matters pertaining thereto.

 

              Section 2.                The Clerk of the Town is hereby directed to prepare and file a copy of this resolution and 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.

 

 


              Recorded Vote

 

                            AYE                                          NO                                          ABSTAIN                            ABSENT

                            McCurrie                            Landy                                                                                    Doyle

                            Eckel                                          Konopka

                            Cardoso

                            De Castro

                            Santana

                            Santos

 

              The foregoing is a true copy of a resolution adopted by the governing body of the Town Council on April 10, 2018.

 

             

 

______________________________

                                  Patricia Carpenter, Town Clerk

 

Meeting History

Apr 10, 2018 7:00 PM  Council Caucus / Regular Meeting
draft Draft
RESULT:ADOPTED [6 TO 2]
MOVER:Alberto G. Santos, Mayor
SECONDER:Susan McCurrie, Council Member
AYES:Susan McCurrie, Eileen Eckel, Albino Cardoso, Marytrine DeCastro, Peter Santana, Alberto G. Santos
NAYS:Michael Landy, Richard Konopka
ABSENT:Carol Jean Doyle

Discussion