Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Confirming Bond Sale Amount to be Financed: $5,000,000.00 Source of Appropriation: Bonds Purchaser: New Jersey Infrastructure Bank Project Information: (Description/ Project No./Amount Appropriated/Ordinance No.) RESOLUTION DETERMINING THE FORM AND OTHER DETAILS OF NOT EXCEEDING $5,000,000.00 QUALIFIED GENERAL OBLIGATION BONDS OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, NEW JERSEY, AND PROVIDING FOR THEIR SALE TO THE NEW JERSEY INFRASTRUCTURE BANK AND THE STATE OF NEW JERSEY, ACTING BY AND THROUGH THE DEPARTMENT OF ENVIRONMENTAL PROTECTION, PURSUANT TO THE STATE FISCAL YEAR 2022, NEW JERSEY WATER BANK WIFIA FINANCING PROGRAM FOR FUNDING THE CITY’S REPLACEMENT OF WATER DISTRIBUTION MAINS PROJECT. Additional Information: