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RESOLUTION #R07-242
FORM OF SPECIAL EMERGENCY RESOLUTION N.J.S.A. 40A:4 53
WHEREAS, an ordinance has been adopted creating a special emergency appropriation of $1,050,000 for revaluation of real property and no adequate provision was made in the 2007 budget for the aforesaid purpose, and N.J.S.A. 40A:4 53 provides for the creation of a special emergency appropriation for the purpose above mentioned, and
WHEREAS, the total amount of Emergency Appropriations created including the appropriation to be created by this resolution is..........$1,050,000
NOW, THEREFORE, BE IT RESOLVED (not less than two thirds of all the members thereof affirmatively concurring) that in accordance with N.J.S.A. 40A:4 48 and 40A:4 53:
1. A special emergency appropriation be and the same is hereby made for Revaluation of Real Property...........................................$1,050,000
2. Total amount per ordinance is for $1,050,000 and the Township Council hereby requests that an exclusion from the 5% "Cap" be granted by the Director of the Division of Local Government Services in accordance with P.L. 1981 Chapter 56 in the amount of $210,000 per year in the budgets of the next five succeeding years commencing with the budget of 2008 in accordance with 40A:4 55 (C).
3. That an emergency note or notes be authorized not in excess of $1,050,000, the amount appropriated by ordinances as stated above.
4. That said note or notes shall be dated November 26, 2007, may be renewed from time to time and at least 1/5 of all such notes and renewals thereof shall mature and be paid in each fiscal year thereafter until all are paid.
5. That three certified copies of this resolution be filed with the Director of the Division of Local Government Services.
CERTIFICATION
I, Patricia Lycosky, Clerk of the Township of Vernon, County of Sussex, do hereby certify the foregoing to be a true and correct copy of a resolution adopted by the Governing Body at a meeting of said Governing Body held on December 10, 2007, and said resolution was adopted by not less than a two thirds vote of the members of the Governing Body.
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Patricia A. Lycosky, R.M.C.
Township Clerk |
