The position of Chief Financial Officer is hereby
created pursuant to the provisions of Section 5 of P.L. 1988, c. 110
(N.J.S.A. 40A:9-140.10), to carry out the responsibilities set forth
under P.L. 1947, c. 151 (N.J.S.A. 52:27BB-26 et seq.).
The salary for the year 1989 shall be as provided
by ordinance for the Chief Financial Officer and, for subsequent years,
shall be as provided, from time to time, by ordinance.
The Chief Financial Officer shall be appointed
by the Mayor, with the advice and consent of the Council.
The Chief Financial Officer shall be a certified
municipal finance officer in accordance with the provisions of state
statutes.
The Chief Financial Officer shall not have any
interest, directly or indirectly, in any contract, subcontract, job
for work, materials for services or the profit thereof to be furnished
to or performed for the Borough.