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ORDINANCE 2013-52 Capital Surplus Funds

Adopted: December 17, 2013

BOROUGH OF POINT PLEASANT BEACH
COUNTY OF OCEAN
STATE OF NEW JERSEY
AN ORDINANCE PROVIDING FOR THE USE OF CAPITAL SURPLUS FUNDS FOR THE PURCHASE OF NEW, ADDITIONAL OR REPLACEMENT POLICE VEHICLES, EQUIPMENT AND APPURTENANT EQUIPMENT, AND TO APPROPRIATE THE SUM OF $42,500.00 TO PAY THE COST THEREOF

WHEREAS, the Mayor and Council of the Borough of Point Pleasant Beach have recognized the need to replace vehicles and equipment in the Police Department.; and

WHEREAS, the Police Chief has made a request to purchase certain vehicles and equipment necessary for the safe functioning of the Department;

NOW, THEREFORE, BE IT ORDAINED, by the Borough of Point Pleasant Beach, County of Ocean, State of New Jersey, as follows:

Section 1. The Borough of Point Pleasant Beach, in the County of Ocean, State of New Jersey (the “Borough”) is hereby authorized to make various public improvements and to acquire new additional or replacement equipment and machinery, new systems and equipment and new automotive vehicles, including original apparatus and equipment, in, by and for said Borough, as more particularly described in Section 4 hereof. Said improvements shall include all work, materials and appurtenances necessary and suitable therefore.
Section 2. There is hereby appropriated to the payment of the cost of making the improvements described in Section 1 and 4 hereof (hereinafter referred to as “purposes”), the respective amount of money hereinafter stated as the appropriation for said respective purposes. Said appropriation shall be met from Capitol Surplus Funds. Said improvements shall be made as general improvements and no part of the cost thereof shall be assessed against property specially benefited.
Section 3. It is hereby determined and stated that the making of such improvements is not a current expense of said Borough.
Section 4. The several purposes hereby authorized for the financing of which said obligations are issued are set forth in the following “Schedule of Improvements, Purposes and Amounts” which schedule also shows (1) the amount of the appropriation and the estimated cost of each such purpose, and (2) the estimated maximum amount of bonds and notes to be issued for each such purpose, and (3) the period of usefulness of each such purpose, according to its reasonable life, computed from the date of said bonds:


SCHEDULE OF IMPROVEMENTS, PURPOSES AND AMOUNTS

A. Acquisition of a new automotive vehicle, including original apparatus and equipment, for the use of the following Borough department:

Police Department
1 SUV with appurtenant equipment package and graphics $42,500.00

SECTION 5. All ordinances or parts thereof which are inconsistent with the provisions of this Ordinance are hereby repealed to the extent of their inconsistencies.
SECTION 6. In the event any section, part or provision of this Ordinance shall be held unconstitutional or invalid by any Court, such holding shall not affect the validity of this Ordinance or any remaining part of this Ordinance other than the part held unconstitutional or invalid.
SECTION 7. This Ordinance shall take effect immediately upon publication as required by law.
NOTICE
NOTICE IS HEREBY GIVEN that the foregoing Ordinance was introduced and passed on first reading at the regular meeting of the Borough Council of the Borough of Point Pleasant Beach, in the County of Ocean, held on the 3rd day of December 2013 and will be considered for second reading and final passage at the regular meeting of said governing body to be held on the 17th day of December 2013 at 7:30 P.M. in the Council Chambers, Borough Hall, 416 New Jersey Avenue, Point Pleasant Beach, New Jersey at which time and place a person desiring to be heard will be given opportunity to be heard.

________________________________
Maryann Ellsworth, R.M.C.


Published December05, 2013 | New Ordinances | 1736


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