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RESOLUTION 365R-18 TITLE: CANCELLATION OF RESIDUAL BUDGET APPROPRIATIONS FOR MISCELLANEOUS GRANTS PER THE ATTACHED SPREADSHEET

MOTION TO APPROVE BY: CALOGERO MOTION SECONDED BY: NIXON YES: CALOGERO, UPDEGRAVE, NIXON, BRESSI ABSENT: MARTIN

WHEREAS, under the provisions of N.J.S.A.40A:4-60, any unexpended balance of appropriations may, by resolution of the governing body, be canceled prior to the end of the calendar year. Said resolution shall set forth the titles of the appropriations and the amounts to be canceled; and

WHEREAS, the Chief Financial Officer has recommended to the Administrator that unexpended balances of the Grant appropriations should be canceled as the Grant Programs have either been completed, cancelled, or otherwise withdrawn by the administering group, and the remaining funds cannot be utilized.

NOW, THEREFORE, BE IT RESOLVED by the Township Council of the Township of Jackson, County of Ocean, State of New Jersey that:

1. The Grant Fund Appropriations as listed on the attached spreadsheet totaling $36,531.30 shall be cancelled.
2. The corresponding receivable balance of $26,202.28 shall be cancelled as well.
3. This resolution shall take effect upon affirmative vote by the governing body of the Township of Jackson.
4. Copies of this resolution be forwarded to the Administrator, Chief Financial Officer and Township Auditor.