Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of Bond Ordinance Name of Project(s): Water Mains Rehabilitation Project Amount to be Financed: $6,500,000.00 Funding Source: NJEIT 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 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 NJEIT WATER MAINS REHABILITATION PROJECT Additional Information: