Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of bond ordinance Name of Project(s): New Jersey Environmental Infrastructure Trust (NJEIT) Peddie Combined Sewer Overflow Amount to be Financed: $4,000,000.00 Funding Source: New Jersey Environmental Infrastructure Trust (NJEIT) Bonds Local Finance Board meeting date(s): August 9, 2017 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 IMPROVEMENTS TO THE PEDDIE COMBINED SEWER OVERFLOW FACILITY AND APPROVING THE SUBMISSION THEREOF Additional Information: Funds issued by Resolution: Issuing Resolution will be submitted under a separate cover at the same meeting: Legistar# 17-1231