BE IT ORDAINED AND ENACTED by the Township Committee of the Township of Wantage, County of Sussex, State of New Jersey as follows:
Section 1.
The sum of one hundred ten thousand dollars ($110,000.00) presently located in the General Capital Fund is hereby appropriated for improvements to municipal building and funded from the following reserves for capital projects:
Public Property $ 47,339.40 Communications Equipment 49,534.51 Sewer Study 19,126.09
$116,000.00Section 2.
In connection with the amount authorized in Section 1 hereof, the Township makes the following determinations:
The purpose described in Section 1 hereof is not a Current Expense and is a purchase the Township of Wantage may lawfully make as a capital purchase.The period of usefulness of the purpose described in Section 1 hereof is not in the limitation of said Local Bond law and according to the aggregate reasonable life thereof is five (5) years or longer.
Section 3.
All ordinances or parts of ordinances which are inconsistent with the terms of this ordinance be and the same hereby repealed to the extent of their inconsistency.
Section 4.
This ordinance becomes effective immediately upon publication after adoption.
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Parker Space, Mayor ATTEST:
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James R. Doherty, Administrator/Municipal Clerk
TAKE NOTICE that the above entitled ordinance was introduced at a regular meeting of the Mayor and Township Committee of the Township of Wantage, County of Sussex, New Jersey, held on June 9, 2005, and will be considered for final passage after public hearing at a regular meeting of the Mayor and Township Committee to be held on June 30, 2005 at 8:00 p.m. in the Municipal Building, Route 23, Wantage, New Jersey. During the preceding week, copies of the ordinance will be made available at the Clerk's office in the Municipal Building to members of the general public.
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James R. Doherty, Administrator/Municipal Clerk