Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of bond ordinance Name of Project(s): Pequannock Aqueduct Rehabilitation Amount to be Financed: $22,000,000.00 Funding Source: New Jersey Infrastructure Bank (NJIB) Local Finance Board meeting date(s): Project Information: (Description/ Project No./ Amount Appropriated/Ordinance No.) RESOLUTION OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, NEW JERSEY AUTHORIZING THE MAKING OF APPLICATION TO THE LOCAL FINANCE BOARD PURSUANT TO N.J.S.A 40A:3-4 IN CONNECTION WITH THE CITY’S NJIB REHABILITATION OF PEQUANNOCK AQUEDUCTS PROJECT. Additional Information: Rehabilitation of a Portion of the Pequannock Aqueduct