Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of bond ordinance Name of Project(s): School Capital Improvements Bond Amount to be Financed: $30,582,031.00 Funding Source: Bonds/Notes Local Finance Board meeting date(s): June 14, 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 AN APPLICATION TO THE LOCAL FINANCE BOARD; PURSUANT TO N.J.S.A 40A:3-4, PARTICULARLY SUBSECTIONS (b), (c) AND (d), AND APPROVING THE SUBMISSION THEREOF Additional Information: