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August 6, 2012 – Packet - Borough of Hightstown

August 6, 2012 – Packet - Borough of Hightstown

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Law Enforcement Trust 15.75<br />

Housing Rehab Loans<br />

Unemployment Trust<br />

Escrow 2,200.25<br />

Federal Forfeiture<br />

Resolution <strong>2012</strong>-189<br />

40A:4-85<br />

Requesting Change in Title, Text and Amount <strong>of</strong> Appropriation Pursuant to NJS<br />

Councilmember Woods moved Resolution <strong>2012</strong>-189, Council President Quattrone seconded.<br />

George Lang, CFO, explained that this resolution amends the water/sewer budget to cover an additional payment<br />

due on the NJEIT loan for the water main extension. This has already been approved by DCA.<br />

Roll Call Vote: Council members Bibens, Bluth, Doran, Quattrone, Thibault and Woods voted yes.<br />

Resolution adopted 6-0.<br />

Resolution <strong>2012</strong>-189<br />

BOROUGH OF HIGHTSTOWN<br />

COUNTY OF MERCER<br />

STATE OF NEW JERSEY<br />

RESOLUTION REQUESTING CHANGE IN TITLE, TEXT OR AMOUNT OF<br />

APPROPRIATION PURSUANT TO NJS 40A:4-85<br />

WHEREAS, NJS 40A:4-85 provides that the Director <strong>of</strong> the Division <strong>of</strong> Local Government Services may, at the<br />

request <strong>of</strong>, or with the consent <strong>of</strong>, the governing body <strong>of</strong> any county or municipality, make such correction <strong>of</strong> the title,<br />

text or amount <strong>of</strong> any appropriation appearing in the budget as may be necessary to make said item <strong>of</strong> appropriation<br />

available for the purpose or purposes required for the needs <strong>of</strong> any county or municipality,<br />

WATER-SEWER UTILITY FUND:<br />

Adopted Budget<br />

Revised Budget<br />

Salaries and Wages 855,901.00 845,901.00<br />

Other Expenses 1,330,201.00 1,314,286.00<br />

WasteWater and Water Supply Loan 91,890.00 117,805.00<br />

BE IT RESOLVED that the foregoing correction is in the opinion <strong>of</strong> the governing body, warranted and<br />

authorized by statute referred to above, and is necessary for the orderly operation <strong>of</strong> the <strong>Borough</strong> <strong>of</strong> <strong>Hightstown</strong>,<br />

County <strong>of</strong> Mercer for the reasons set forth:<br />

Adopted budget provided for two principal payments on NJEIT loan as in the prior year. In <strong>2012</strong> there are<br />

three principal payments due.<br />

BE IT FURTHER RESOLVED that certified copies <strong>of</strong> this Resolution shall be provided forthwith to the<br />

Treasurer, Chief Financial Officer and <strong>Borough</strong> Auditor.<br />

Resolution <strong>2012</strong>-191 Governing Body Resolution Requesting Review and Approval <strong>of</strong> an Affordable<br />

Housing Municipal Housing Trust Fund Spending Plan<br />

Councilmember Woods moved Resolution <strong>2012</strong>-191, Council President Quattrone seconded.<br />

Roll Call Vote: Council members Bibens, Bluth, Doran, Quattrone, Thibault and Woods voted yes.<br />

July 16, <strong>2012</strong> - 36 -

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