BERKELEY HEIGHTS, NJ – The township council adopted one bond ordinance and introduced two bond ordinances at its July 23 meeting. The three ordinances will allow the town to issues a total of $4.15 million in bonds of notes.
The first bond ordinance appropriating $3,788,425 for certain capital improvements, and authorizing the issuance of $2,530,254 in bonds or notes for that purpose, was introduced on July 9. The amount for which bonds or notes will be issued is different than the amount appropriated because the appropriation figure includes grant monies received by the township as well as the aggregate sum of $133,171 of several down payments for improvements or purposes as required by the local bond law. The grants and the total cost of the improvements include:
A $200,000 grant from the State Department of Transportation to be used for the $480,000 project to make road improvements to Sawmill Drive and Cornell Avenue;
A $460,000 grant from the State Department of Transportation to be used for the $630,000 project to make road improvements to Briarwood Drive East/West, Fay Place and Fawn Circle and Ridgewood Place;
A $55,000 grant from the County of Union to be used for the $124,400 project to make drainage improvements on Cedar Green Lane, Pine Grove Road, Plainfield Avenue, Fern Place, Oakland Street, Cornell Avenue, Deepdale Drive and Spring Ridge Drive;
A $410,000 grant from the State Department of Transportation to be used for the $768,525 project to make sidewalk, curb, path and crosswalk improvements from portions of Plainfield Avenue from Park Avenue, Roosevelt Avenue and Plainfield Avenue and trail from Park Avenue to Mountain Avenue, Roosevelt Avenue and Columbia Avenue.
The cost of the other capital improvements, including the required down payments; are:
$17,500 for equipment for the Fire Department, including gear and air packs;
$1,300,000 for a fire truck;
$204,000 for vehicles for the Police and Public Works departments;
$35,000 for equipment for the Police Department, including computers, information technology upgrades and replacements, and a fingerprint scanner;
$60,000 acquisition of equipment, including a gas boy system for the DPW, and replacement of the heating, ventilation and air-conditioning system at the Rescue Squad;
$15,00 for camera for the DPW;
$40,000 for road improvements, including the acquisition of street signs and microsurfacing, as set forth on a list on file in the clerk’s office;
$18,00 for Rescue Squad Training Room renovations;
$96,000 for Riverbend/Dell Lane drainage improvements.
The total appropriations are $3,788,425, and the estimated maximum amount of bonds and/or notes to be issued is $2,530,254. Council approved this ordinance on Tuesday, July 23.
Later that evening the council approved the introduction of two bond ordinances.
The first ordinance is for the appropriation and issuance of bonds or notes in the amount of $1,540,000 for the acquisition of equipment and installation of a supervisory control and data acquisition system in connection with the sewer system.
The second ordinance would appropriate $150,000 to conduct a drainage study for $100,000 and to conduct a video and inspection of sanitary and storm drainage for $50,000. The estimated maximum amount of bonds and notes to be issued totals $142,000.
The public hearing and final adoption of each of the ordinances introduced on July 23 will be held on Aug. 20, the date of the council’s next meeting.
The complete text of the bond ordinances can be found on the website here.