Dept/ Agency: Administration/Office of Management & Budget Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Temporary Emergency Appropriation Purpose: Provide funds for the operating expenses (debt service) of the Water Utility Funding Source: City of Newark Budget/Water Utility Appropriation Amount: $4,634,411.00 Budget Year: 2012 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: N/A Operating Agency: Water Utility Two-Thirds vote of full membership required. Failed 7R1-h 010512 Invitation: Business Administrator, Corporation Counsel and Finance Director, January 18, 2012