Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of bond ordinance Name of Project(s): Newark Housing Authority Police Precinct Bonds Amount to be Financed: $67,000,000.00 Funding Source: Bonds Local Finance Board meeting date(s): April 13, 2016 Project Information: (Description/ Project No./ Amount Appropriated/Ordinance No.) RESOLUTION of the Municipal COUNCIL of the City of Newark Authorizing the SUBMISSION of a Joint Application with the Newark Housing Authority to the Local Finance Board Pursuant to N.J.S.A. 40A:5A-6 Additional Information: This resolution is in conjunction with Legistar File 16-0550 - Ordinance to approve Refunding Bond