All Legislation
Resolution22-0256Adopted

Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Confirming Bond Sale Amount to be Financed: $20,000,000.00 Source of Appropriation: Bonds Purchaser: New Jersey Infrastructure Bank - NJIB Project Information: (Description/ Project No./Amount Appropriated/Ordinance No.) RESOLUTION DETERMINING THE FORM AND OTHER DETAILS OF NOT EXCEEDING $20,000,000.00 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 FINANCING PROGRAM FOR FUNDING THE CITY OF NEWARK’S SMALL DIAMETER SEWERS EVALUATION AND REHABILITATION PROJECT. Additional Information:

Progress

Introduced

Feb 24, 2022

In Committee

Apr 6, 2022

Passed

Apr 6, 2022

4

Enacted