Hoboken
NJ

CC - Resolution
20-581

Resolution Authorizing Emergency Temporary Appropriations in Accordance with N.J.S.A. 40A: 4-20

Information

Department:FinanceSponsors:
Category:Budget

Body

WHEREAS, an emergent condition has arisen in that the City of Hoboken is expected to enter into contracts, commitments or payments prior to the adoption of the CY2020 budget and no adequate provision has been made in the CY2020 temporary appropriations for the aforesaid purposes; and,

 

              WHEREAS, N.J.S.A. 40A:4-20 provides for the creation of an emergency temporary appropriation for said purpose; and,

 

              WHEREAS, the Administration recommends that sufficient appropriations be made to fund City operations through September 16, 2020; and,

 

              WHEREAS, the total emergency temporary appropriation resolutions adopted in CY2020 pursuant to the provisions of N.J.S.A. 40A:4-20 including this resolution total $24,234,119.00 for the Current Fund.

 

              NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Hoboken, County of Hudson, State of New Jersey (not less than two-thirds of all the members thereof affirmatively concurring) that in accordance with the provisions of N.J.S.A. 40A:4-20:

 

  1. Emergency temporary appropriations be and the same are hereby made as follows:

 

See Detail Attached

     

  1. Said emergency temporary appropriations will be provided for in the CY2020 budget

 

  1. That the City Clerk shall file one copy of this resolution with the Director, Division of Local Government Services.