Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Approving Form of Sale of City-Secured Bonds Amount to be Financed: $7,875,000.00 Source of Appropriation: Bonds Purchaser: Open Market Project Information: (Description/ Project No./ Amount Appropriated/Ordinance No.) RESOLUTION DETERMINING CERTAIN MATTERS IN CONNECTION WITH THE SALE AND ISSUANCE NOT TO EXCEED $7,875,000.00 IN AGGREGATE PRINCIPAL AMOUNT OF GENERAL OBLIGATION BOND ANTICIPATION NOTES, SERIES 2021 OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, STATE OF NEW JERSEY. Additional Information: This resolution will allow the City of Newark to rollover the maturing $5.5 Million notes sold to re-acquire properties from the Essex County Improvement Authority, as well as fund Capital Improvements.