Dept/ Agency: Administration/Office of Management & Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Temporary Appropriation Resolution for Sewer Utility Debt Service Purpose: To provide funds for the debt services of the Sewer Utility for 2014 Funding Source: City of Newark/Sewer Utility Appropriation Amount: $ 7,084,000.00 Budget Year: 2014 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: All Wards Funds accepted by Resolution # N/A Operating Agency: Sewer Utility Two-Thirds vote of full membership required