Resolution #19-23: Addendum to Interlocal Service Agreement with the Township of Vernon and the VTMUA for Financial Services to Include Purchasing

Date of Adoption: March 21, 2019

This addendum to the interlocal service agreement for the services of a chief financial officer (this “Addendum”), effective on the _______ day of March, 2019, is made by and between the Township of Vernon, a municipal corporation of the State of New Jersey (“Township”) and the Vernon Township Municipal Utilities Authority, a municipal utilities authority establish pursuant to N.J.S.A. 40:14B-1 et seq. (“VTMUA”).

WHEREAS, the township and the VTMUA entered into that certain interlocal service agreement for the services of a chief financial officer (“Agreement”) with an effective date of January 1, 2018; and

WHEREAS, pursuant to the agreement, the township provides certain services to the VTMUA, which services are set forth in the agreement under the heading “Description of Services Provided”; and

WHEREAS, the township and the VTMUA desire to amend the agreement in order to add the function of purchasing services under the “Description of Services Provided” section of the agreement; and

WHEREAS, the township and the VTMUA have agreed that such services shall be provided at an additional cost of $25,000.00 per annum.

NOW, THEREFORE, the Township and the VTMUA, each in consideration of the agreements on the part of the other set forth below, agree as follows:

  1. The agreement for the services of a chief financial officer with an effective date of January 1, 2018 shall be amended by this addendum in order to include all purchasing functions on behalf of the VTMUA.
  2. The additional cost for the provisions of such services shall be $25,000.00 per annum.
  3. All other terms and conditions of the interlocal service agreement with the effective date of January 1, 2018 shall remain unchanged.