Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of bond ordinance Name of Project(s): Horizon Blue Cross Blue Shield of New Jersey Payment Amount to be Financed: $17,000,000.00 Funding Source: Bonds Local Finance Board meeting date(s): May 11, 2016 Project Information: (Description/ Project No./ Amount Appropriated/Ordinance No.) RESOLUTION OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, NEW JERSEY MAKING APPLICATION TO THE LOCAL FINANCE BOARD PURSUANT TO N.J.S.A. 40A:2-51 AND N.J.S.A. 40A:3-4 AND APPROVING THE SUBMISSION THEREOF Additional Information: