Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of Bond Ordinance. Name of Project(s): Joint Meeting of Essex and Union Counties Flood Mitigation Facilities Project Phase Ib Amount to be Financed: $2,305,000.00 Funding Source: Bonds - New Jersey Infrastructure Bank Local Finance Board meeting date(s): October 19, 2022 Project Information: (Description/ Project No./Amount Appropriated/Ordinance No.) RESOLUTION OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, NEW JERSEY MAKING APPLICATION TO THE LOCAL FINANCE BOARD, PURSUANT TO N.J.S.A. 40A:3-1 ET SEQ. Additional Information: An emergency appropriation due to cost increases.