WHEREAS, the Director of Finance has attested to the availability of the funds in the General Capital Improvement Fund in an amount not to exceed $105,777.00 for this purpose; and

WHEREAS, the Borough Council has determined that the Borough should appropriate $105,777.00 from the General Capital Improvement Fund for server upgrades.

NOW, THEREFORE, BE IT ORDAINED by the Council of the Borough of Madison, in the County of Morris and State of New Jersey, as follows:

SECTION 1: The amount of $105,777.00 is hereby appropriated from the General Capital Improvement Fund for server upgrades.

SECTION 2: The budget of the Borough is hereby amended to conform with the provisions of this Ordinance.

SECTION 3: This Ordinance shall take effect as provided by law.

 

ADOPTED AND APPROVED

July 11, 2005

____________________________

ELLWOOD R. KERKESLAGER, Mayor

Attest:

_________________________________

MARILYN SCHAEFER, Borough Clerk

Introduced and passed: June 27, 2005

Published, Madison Eagle: June 30, 2005

Hearing and final adoption: July 11, 2005

Published, Madison Eagle: July 14, 2005