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City Council Agenda 10-28-15 Part II (City of Asbury Park, NJ)

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(Source: City of Asbury Park, NJ) 3740c0876d9cbb4b15482b.pdf Resolution # 2015-373 City of Asbury Park County of Monmouth State of New Jersey ACKNOWLEDGING AND ACCEPTING A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY AND THE STATE OF NEW JERSEY DIVISION OF LOCAL GOVERNMENT SERVICES FOR TRANSITIONAL AID WHEREAS, the City of Asbury Park (the 'City'), has submitted an application to the State of New Jersey Division of Local Government Services ('DLGS') for transitional aid funding; and WHEREAS, the DLGS has detennined that an award of $1,500,000.00 in transitional aid funding to the City is appropriate, subject to certain conditions; and WHEREAS, one of the conditions is for the City to...

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