Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of Bond Ordinance Name of Project(s): Riverfront Park Open Space Amount to be Financed: $25,000,000.00 Funding Source: Bonds Local Finance Board meeting date(s): April 13, 2016 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:2-11(c) AND N.J.S.A 40A:3-4 AND APPROVING THE SUBMISSION THEREOF. Additional Information: