Dept/ Agency: Finance Action: (X) Ratifying (X) Authorizing ( ) Amending Purpose: Application to Local Finance Board for approval of bond ordinance Name of Project(s): CSO Solids/Floatables control Facilities Amount to be Financed: $21,350,000.00 Funding Source: New Jersey Department of Environmental Infrastructure Trust (NJEIT) and New Jersey Department of Environmental Protection (NJDEP) Local Finance Board meeting date: June 22, 2011 Project Information: A. Pequannock Water Treatment Plant Improvements (i) Retrofitting decant tanks at the Pequannock WTP with plate settlers, (ii) Replace existing gas chlorine system at the Pequannock WTP with on-site hypochlorite genrating system (iii) Pump out and remove sludge from lagoon to create added lagoon capacity B. Improvements to water distribution system Additional Information: The department of Water & Sewer Utilities wishes to start these projects (one of which is supplemental to a project from 2005).