WHEREAS, the Director of Finance has attested to the availability of the funds in the Reserve for Filtration System in the Water Utility in an amount not to exceed $590,000.00 for this purpose; and

WHEREAS, the Borough Council has determined that the Borough should appropriate $590,000.00 from the Reserve for Filtration System in the Water Utility for water main replacement of municipal roads including Myrtle Avenue, South Street, Dellwood Parkway South, Woodcliff Drive and Dean Street; and

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 $590,000.00 is hereby appropriated from the Reserve for Filtration System in the Water Utility for water main replacement of municipal roads including Myrtle Avenue, South Street, Dellwood Parkway South, Woodcliff Drive and Dean Street.

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

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ELLWOOD R. KERKESLAGER, Mayor

Attest:

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MARILYN SCHAEFER, Borough Clerk