Dept/ Agency: Administration/Office of Management & Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Temporary Emergency Resolution for Sewer Utility Purpose: To provide funds for the operating expenses of the Sewer Utility Funding Source: City of Newark Budget/Sewer Utility Appropriation Amount: $6,333,939.00 Budget Year: 2015 Contract Period: June 1, 2015 through June 30, 2015 Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( x ) n/a Additional Information: Funds accepted by Resolution N/A Operating Agency: Sewer Utility Two-Thirds vote of full membership required.