Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to the Local Finance Board for approval of a bond ordinance. Name of Project(s): Pequannock Water Treatment Project Amount to be Financed: $23,000,000.00 Funding Source: NJIB Bonds Local Finance Board meeting date(s): March 10, 2021 and April 14, 2021 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. 58:11B-9(a), 40A:3-4 AND 40A:2-26(e) IN CONNECTION WITH THE CITY’S PROCESS AND OPERATIONAL UPGRADES AT THE PEQUANNOCK WATER TREATMENT PLANT PROJECT AND APPROVING THE SUBMISSION THEREOF. Additional Information: