Public / Legal Notices

BOND ORDINANCE STATEMENT AND SUMMARY

            The bond ordinance, the summary terms of which are included herein, has been finally adopted by the governing body of the Borough of Harvey Cedars, in the County of Ocean, State of New Jersey, on April 20, 2026 and the 20 day period of limitation within which a suit, action or proceeding questioning the validity of such ordinance can be commenced, as provided in the Local Bond Law, has begun to run from the date of the first publication of this statement.  Copies of the full ordinance will be available at no cost and during regular business hours, at the Clerk’s office for the members of the general public who shall request the same.  The summary of the terms of such bond ordinance follows:

Title:

AN ORDINANCE OF THE BOROUGH OF HARVEY CEDARS, IN THE COUNTY OF OCEAN, NEW JERSEY, PROVIDING FOR IMPROVEMENTS TO THE DOWNTOWN BUSINESS DISTRICT’S STREETSCAPE PHASE 4 IN THE BOROUGH AND APPROPRIATING $450,000 THEREFOR, AND PROVIDING FOR THE ISSUANCE OF $450,000 IN BONDS OR NOTES OF THE BOROUGH OF HARVEY CEDARS TO FINANCE THE SAME

Purpose:

The improvement hereby authorized and the purpose for which the bonds are to be issued is for phase four of the improvement of the downtown business district, located on Long Beach Boulevard in the Borough, and including all work and materials necessary therefor and incidental thereto.

Appropriation:                          $450,000                                

Bonds/Notes Authorized:          $450,000

Grants (if any) Appropriated:    $414,431

Section 20 Costs:                      $90,000

Useful Life:                              10 years

Christine Lisiewski, Municipal Clerk

 

The Bond Ordinance was approved by the favorable vote of the following Commissioners: John M. Imperiale, Joseph F. Gieger, Paul G. Rice