Tag: bond ordinance
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Princeton Council approves bond ordinance, includes EV charging stations
Four public electric vehicle (EV) charging stations and the reconstruction of Mount Lucas Road have made it into the $7.1 million bond ordinance that was approved by the Princeton Council at its July 12 meeting. The four EV charging stations, which would be available to the public, would be located in the municipal parking lot…
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Tinton Falls council appropriates funds for road improvements
TINTON FALLS – The Borough Council is appropriating $2.6 million to pay for road improvements in Tinton Falls this year. During a meeting on July 13, council members adopted a bond ordinance that appropriates $2.6 million for the borough’s 2021-22 road improvement program. The ordinance authorizes the issuance of $2.2 million in bonds or notes…
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Holmdel bond ordinance falls short of votes needed for adoption
HOLMDEL – The Township Committee needed four “yes” votes to adopt a bond ordinance during its meeting on July 13, but only mustered three affirmative votes and saw the proposed ordinance go down to defeat. The ordinance before the governing body proposed appropriating $2.81 million for capital improvements and authorizing the issuance of $2.67 million…
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Eatontown officials introduce ordinance to fund capital improvements
EATONTOWN – The Eatontown Borough Council plans to appropriate $9.25 million for improvements to municipal property and the acquisition of capital equipment. On June 23, council members introduced a bond ordinance providing the appropriation. The ordinance authorizes the issuance of $8.46 million in bonds and notes to finance a portion of the costs. A public…
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South River council introduces $1.4M bond ordinance for various capital improvements
SOUTH RIVER–The Borough Council introduced a $1.486 million bond ordinance, which if adopted, will partially fund various capital improvements throughout the municipality. The various capital improvements will include: The purchasing of a sanitation truck, mason dump truck, dump truck, pickup truck, lawnmowers and containers; Improvements to the South River Police Department’s kitchen, locker room and…
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East Brunswick introduces $2M bond ordinance for road improvements
EAST BRUNSWICK–The Township Council introduced a $2.375 million bond ordinance to provide funding for various roadway improvements and repairs. Before the council voted on the ordinance, Business Administrator Joseph Criscuolo said the large amount is not all coming from township funds and that the township received a $1.3 million grant from the 2020 Fiscal Year…
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Middletown officials adopt $3.2M bond ordinance to fund local improvements
MIDDLETOWN – The Township Committee has adopted a bond ordinance which appropriates $3.67 million to fund capital improvements in Middletown. Committee members who adopted the ordinance during a meeting on Aug. 17 authorized the issuance of $3.2 million in bonds or notes to pay a portion of the expenses. Deputy Mayor Anthony Fiore, Committeeman Kevin…
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Spotswood council introduces bond ordinance for capital improvements
SPOTSWOOD – Upcoming capital improvement projects in Spotswood include the purchase of a heated asphalt transporter hot box, the purchase of a masonry dump truck, funding for the 2020 Roadway Improvements Project and the purchase of an Emergency Medical Services (EMS) remounted ambulance with radio and medical equipment. To fund the $1,137,000 in total costs…
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East Brunswick council introduces $4M bond ordinance for road repairs
EAST BRUNSWICK – The Township Council has introduced a $4.39 million bond ordinance that will, if adopted, provide funding for road improvements in East Brunswick. Mayor Brad Cohen said there are 180 miles of roads the township is responsible for repairing and maintaining, at a cost of $400,000 per mile. “We have been putting aside…