Notice of Pending Bond Ordinance 1-2026 and Summary
The bond ordinance, the summary terms of which are included herein, was introduced and passed upon first reading at a meeting of the Board of County Commissioners of the County of Atlantic, State of New Jersey, on April 21, 2026. It will be further considered for final passage, after public hearing thereon, at a meeting of the Board of County Commissioners to be held at the County Complex, Stillwater Building, 201 South Shore Road, Northfield, in said County, on May 5, 2026 at 4:00 p.m. During the week prior to and up to and including the date of such meeting copies of the full ordinance will be available at no cost and during regular business hours, at the Office of the Clerk of the Board of County Commissioners for the members of the general public who shall request the same. The summary of the terms of such bond ordinance follows:
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Title:
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Bond Ordinance providing for various 2026 capital improvements and the acquisition of various capital equipment by and in the County of Atlantic, State of New Jersey; appropriating $24,515,500 therefor and authorizing the issuance of $23,289,000 bonds or notes to finance part of the cost thereof |
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Purpose(s):
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Various 2026 capital improvements including, but not limited to, various general capital improvements to various county-owned facilities including, but not limited to, demolition, construction, and/or reconstruction, as applicable, and/or the acquisition and installation, as applicable, of various equipment and other capital items for various county buildings, departments and facilities; and various bridge, road, intersection and drainage improvements throughout the county
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Appropriation:
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$24,515,500
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Grants Appropriated:
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None.
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Bonds/Notes Authorized:
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$23,289,000
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Section 20 Costs:
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$4,905,000
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Useful Life:
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15.96 years
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Tara Silipena, Clerk of the Board of County Commissioners