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Edison council adopts bond ordinances to fund solid-waste, water, sewer and capital projects
Summary
The Edison Municipal Council on Sept. 10 adopted a package of bond ordinances to buy solid-waste vehicles, fund water- and sewer-utility improvements and finance a $25 million capital-improvement program, with officials saying the debt remains within safe limits and will largely be repaid from user fees or long-lived assets.
Edison’s Municipal Council on Wednesday approved a set of bond ordinances authorizing borrowing to finance equipment and infrastructure for the township’s utilities and general capital program.
The council adopted ordinances to fund solid-waste vehicles and equipment, water-utility improvements, sewer-utility improvements and a $25,008,500 capital-improvement program. The measures were read into the record by the municipal clerk and passed after public comment and council discussion.
The ordinances were presented as funding specific needs: the solid-waste ordinance as read by the clerk described acquisition of vehicles and equipment for the Solid Waste Collection District; the water ordinance was described as financing water-utility repairs and upgrades ($17,745,000 as read into the record); the sewer ordinance was described as funding sewer-utility improvements ($13,908,375 as read into the record); and the capital-improvement ordinance listed projects including road resurfacing, building…
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