Salem County introduces two bond ordinances totaling about $4.3 million; hearings set Feb. 5
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Summary
The Salem County Board of Commissioners introduced two bond ordinances—$2,000,000 for county buildings and $2,276,408 for Salem Community College capital improvements—and scheduled public hearings and possible adoption for Feb. 5, 2025.
The Salem County Board of Commissioners introduced two bond ordinances Wednesday that together would authorize roughly $4.276 million in borrowing and schedule public hearings and potential adoption for Feb. 5, 2025.
The first ordinance (Ordinance 2025-001) would appropriate $2,000,000 for various improvements to county buildings and facilities and authorize $1,904,761 in bonds or notes to finance part of the cost. The second (Ordinance 2025-002) would appropriate $2,276,408 for fiscal-year 2024–2025 capital improvements at Salem Community College and authorize the issuance of $2,276,408 in County of Salem bonds or notes; the ordinance text states that principal and interest on that amount will be entitled to state aid pursuant to "chapter 12 of the laws of New Jersey of 1971."
A motion to introduce Ordinance 2025-001 was made by Mr. Buenacker and seconded by the director; a roll call recorded votes of yes from Deputy Director Ostrom, Commissioner Timmerman, Commissioner Taylor, Commissioner Ramsey and Director Lawrie. The public hearing and adoption for both ordinances was set for Feb. 5, 2025. A commissioner who spoke in favor of the Salem Community College ordinance said, "I just want to emphasize the importance of our veil community, to all of us and the wonderful job they're doing," and noted the ordinance will help expand the school's nursing program.
The ordinances were presented as introductions only; no final adoption occurred at this meeting. The college-related ordinance text ties part of the debt service to state aid under the 1971 law named in the ordinance. The board did not specify exact dollar-for-dollar state aid amounts during the discussion.
If the board moves to adopt either ordinance at the Feb. 5 public hearing, the adoption vote and any further recorded roll call will appear in future minutes.
Meeting procedure: the introductions were made during the public hearing and adoption section of the agenda; both ordinances were introduced by motion and recorded by roll call and will return for final action on Feb. 5.