Tag: bond ordinance
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Approval of bond ordinance benefits multiple municipal departments in Princeton
Princeton is “spending money” through a bond ordinance, which is expected to benefit multiple municipal departments. “We are spending money as we should on all of our different departments because we need to run the town,” Mayor Mark Freda said. The Princeton Council approved a $15 million bond ordinance following a public hearing at its…
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Keyport council adopts bond ordinance to finance local improvements
KEYPORT – The members of the Borough Council in Keyport have appropriated $710,000 to fund the purchase of equipment. During a recent meeting, council members adopted a bond ordinance that appropriates $710,000 and authorizes the issuance of $675,000 in bonds or notes to finance part of the cost. A down payment of $35,000 will finance…
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South River adopts bond ordinance to improve water treatment systems
SOUTH RIVER – The South River Borough Council has adopted a bond ordinance appropriating $950,000 to fund improvements for the borough’s water treatment, storage and distribution system. The Township Council adopted the ordinance at a meeting on June 13. The bond ordinance includes $100,000 of bonds, $825,782 in grants from the American Rescue Plan Act…
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Freehold Borough officials approve sidewalk, walkway improvements
FREEHOLD – The Borough Council has appropriated $1.2 million toward sidewalk and pedestrian walkway improvements in Freehold Borough. During a meeting on Aug. 1, council members adopted a bond ordinance that will appropriate $1.2 million for improvements to sidewalks and pedestrian walkways. The legislation authorizes the issuance of $370,000 in bonds or notes to help…
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Reconstruction of Witherspoon Street, park improvements and necessary purchases on horizon in Princeton
The Princeton Council introduced a $15 million bond ordinance that includes money for the reconstruction of Witherspoon Street, municipal park improvements and the purchase of assorted equipment for the Department of Public Works. Nearly one-third of the bond ordinance, or $5 million, is earmarked for the Witherspoon Street improvement project, beginning at the intersection of…
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Manalapan bond ordinance will fund improvements during upcoming year
MANALAPAN — The members of the Township Committee have adopted a bond ordinance that will fund local improvements and the acquisition of equipment during the remainder of 2022 and into 2023. During a meeting on June 1, Manalapan Mayor Susan Cohen, Deputy Mayor Mary Ann Musich, Committeeman Jack McNaboe, Committeeman Eric Nelson and Committeeman Barry…
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South River Council introduces $1.1 million bond ordinance for borough improvements
SOUTH RIVER – Members of the South River Borough Council have introduced bond ordinance 22-09, which appropriates more than $1.1 million to fund various improvements throughout the borough. During a Feb. 28 meeting, Council President Tony Ciulla and Council Members Donna Balazs, Jason Oliveira, Peter Guindi, James Gurchensky and Julie Meira voted “yes” on a…
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Middletown committee adopts bond ordinance to fund capital improvements
MIDDLETOWN – The Township Committee has adopted a bond ordinance that provides an appropriation of $6.41 million for capital improvements in Middletown and authorizes the issuance of $5.67 million in bonds or notes to finance a portion of the costs. The bond ordinance was adopted during the Oct. 4 meeting of the governing body. Mayor…
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Middletown officials adopt bond ordinance for park improvements
MIDDLETOWN – A bond ordinance that provides an appropriation of $340,000 for park acquisitions and improvements in Middletown has been adopted by the Township Committee. The ordinance authorizes the issuance of $250,000 in bonds or notes to finance part of the total appropriation. During a meeting on Sept. 7, Mayor Tony Perry, Deputy Mayor Rick…
