WHEREAS, the Borough Engineer has recommended that the Borough amend Ordinance 41-2004 to appropriate an additional $20,000.00 from the 2006 Capital Budget thereby increasing Ordinance 41-2004 to $200,000.00 to complete the project; and

WHEREAS, the Director of Finance has attested to the availability of the funds in the 2006 Capital Budget in an amount not to exceed $20,000.00 for this purpose; and

WHEREAS, the Borough Council has determined that the Borough should amend Ordinance 41-2004 to appropriate an additional $20,000.00 from the 2006 Capital Budget thereby increasing Ordinance 41-2004 to $200,000.00 to complete the project.

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: Ordinance 41-2004 is amended to appropriate an additional $20,000.00 from the 2006 Capital Budget thereby increasing Ordinance 41-2004 to $200,000.00 to complete the project.

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

_______________________________

ELLWOOD R. KERKESLAGER, Mayor

Attest:

_________________________________

MARILYN SCHAEFER, Borough Clerk

Introduced and passed: Wednesday, May 30, 2007\

Published, Madison Eagle June 7, 2007

Hearing and final adoption: June 25, 2007

Published, Madison Eagle: June 28, 2007