TOWNSHIP OF MULLICA
ORDINANCE NO. 15-2016
ORDINANCE NO. 15-2016
SPECIAL EMERGENCY
AUTHORIZATION TO FUND REVALUATION PROGRAM
AUTHORIZATION TO FUND REVALUATION PROGRAM
AN
ORDINANCE AUTHORIZING SPECIAL EMERGENCY APPROPRIATIONS PURUSANT TO
N.J.S.A. 40A:4-53(a) TO FUND THE COSTS ASSOCIATED WITH THE EXECUTION OF A
COMPLETE PROGRAM OF REVALUATION OF REAL PROPERTY FOR THE TOWNSHIP OF
MULLICA, COUNTY OF ATLANTIC, STATE OF NEW JERSEY
NOTICE OF PENDING
ORDINANCE
ORDINANCE
The
ordinance published herewith was introduced and passed upon first
reading at a meeting of the Township Committee of the Township of
Mullica, in the County of Atlantic, New Jersey, held December 13, 2016.
It will be further considered for final passage after public hearing
thereon, at a meeting of said Township Committee to be held in the
Municipal Building in said Township on January 10, 2017 at 7:00 p.m. and
during the week prior to and including the date of such meeting, copies
of said ordinance will be made available at the Clerk’s Office in said
Municipal Building to the members of the general public who shall
request same.
Whereas, the Township of Mullica, County of Atlantic, New Jersey (“Township”) has determined that it is necessary to prepare and execute a compete program of revaluation of real property for use by the Township Tax Assessor and the Atlantic County Board of Taxation; and
Whereas, the amount to be appropriated by the Township for the purpose described above is $250,000.00 which amount shall be deemed a special emergency appropriation as defined and provided for in the Local Budget Law, N.J.S.A 40A:40-1 et. seq; and
Whereas, it is the desire of the Township Committee to adopt an ordinance to create said special emergency appropriation.
Now, Therefore, Be It Resolved by the Township Committee of the Township of Mullica, County of Atlantic, New Jersey, pursuant to Local Budget Law as follows:
SECTION 1: There is hereby appropriated, pursuant to N.J.S.A 40A:4-53(a) the sum of $250,000.00 appropriated for the revaluation project, as further described in the preamble of this ordinance.
SECTION 2: Said emergency appropriation shall be financed from surplus funds currently available or from borrowed funds, pursuant to N.J.S.A. 40A:4-55; provided, however at least one-fifth (1/5th) of said amount shall be included in each succeeding annual budget until the appropriation has been fully provided for.
SECTION 3: That a certified copy of this Ordinance as finally adopted, shall be filed by the Township Clerk with the Director of the Division of Local Government Services in the New Jersey Department of Community Affairs.
SECTION 4: This ordinance shall be effective after final passage and publication as provided by law.
Whereas, the Township of Mullica, County of Atlantic, New Jersey (“Township”) has determined that it is necessary to prepare and execute a compete program of revaluation of real property for use by the Township Tax Assessor and the Atlantic County Board of Taxation; and
Whereas, the amount to be appropriated by the Township for the purpose described above is $250,000.00 which amount shall be deemed a special emergency appropriation as defined and provided for in the Local Budget Law, N.J.S.A 40A:40-1 et. seq; and
Whereas, it is the desire of the Township Committee to adopt an ordinance to create said special emergency appropriation.
Now, Therefore, Be It Resolved by the Township Committee of the Township of Mullica, County of Atlantic, New Jersey, pursuant to Local Budget Law as follows:
SECTION 1: There is hereby appropriated, pursuant to N.J.S.A 40A:4-53(a) the sum of $250,000.00 appropriated for the revaluation project, as further described in the preamble of this ordinance.
SECTION 2: Said emergency appropriation shall be financed from surplus funds currently available or from borrowed funds, pursuant to N.J.S.A. 40A:4-55; provided, however at least one-fifth (1/5th) of said amount shall be included in each succeeding annual budget until the appropriation has been fully provided for.
SECTION 3: That a certified copy of this Ordinance as finally adopted, shall be filed by the Township Clerk with the Director of the Division of Local Government Services in the New Jersey Department of Community Affairs.
SECTION 4: This ordinance shall be effective after final passage and publication as provided by law.
Kimberly Johnson
Township Clerk
December 21, 2016
Township Clerk
December 21, 2016
Ptr. Fee: $30.38
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