Bond Ordinance – 2019

Whatever Union County can’t get from raising taxes as much as is allowable under the tax cap and stealing Open Space taxes they bond for each summer. They will do it again tomorrow and this year’s number is $48,560,397.

ORDINANCE FOR INTRODUCTION
808-2019 BOND ORDINANCE TO AUTHORIZE THE MAKING OF VARIOUS PUBLIC IMPROVEMENTS AND THE ACQUISITION OF NEW ADDITIONAL OR REPLACEMENT EQUIPMENT AND MACHINERY, NEW ADDITIONAL FURNISHINGS, NEW COMMUNICATION AND SIGNAL SYSTEMS EQUIPMENT, NEW INFORMATION TECHNOLOGY AND TELECOMMUNICATIONS EQUIPMENT AND NEW AUTOMOTIVE VEHICLES, INCLUDING ORIGINAL APPARATUS AND EQUIPMENT, IN, BY AND FOR THE COUNTY OF UNION, STATE OF NEW JERSEY, TO APPROPRIATE THE SUM OF $48,560,397 TO PAY THE COST THEREOF, TO APPROPRIATE STATE GRANTS, TO MAKE A DOWN PAYMENT, TO AUTHORIZE THE ISSUANCE OF BONDS TO FINANCE SUCH APPROPRIATION AND TO PROVIDE FOR THE ISSUANCE OF BOND ANTICIPATION NOTES IN ANTICIPATION OF THE ISSUANCE OF SUCH BONDS.FIRST READING STATEMENT.
Vice Chairman Alexander Mirabella will move Ordinance Number 808-2019 for First Reading and authorize the Clerk of the Board to advertise same in accordance with the law. The public hearing and final reading will be scheduled to be held on July 25, 2019.

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