Dept/ Agency: Finance Action: (X) Ratifying (X) Authorizing ( ) Amending Type of Service: Emergency Appropriation Purpose: To provide funds for the City’s allocable share of the Joint Meeting Flood Mitigation Project Phase Ib. Funding Source: Bonds - New Jersey Infrastructure Bank Appropriation Amount: $2,130,463.00 Budget Year: 2022 Contract Period: Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a Additional Information: RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, STATE OF NEW JERSEY (“LOCAL UNIT”) AUTHORIZING AN EMERGENCY APPROPRIATION PURSUANT TO N.J.S.A. 40A:4-46 AND 40A:4-48 TO APPROPRIATE THE LOCAL UNIT’S ALLOCABLE SHARE OF THE UNFUNDED PORTION OF PHASE I OF THE FLOOD MITIGATION FACILITIES PROJECT OF THE JOINT MEETING OF ESSEX AND UNION COUNTIES IN AN AMOUNT NOT TO EXCEED $2,130,463.00. Operating Agency: Department of Water and Sewer Utilities Two-Thirds vote of full membership required.