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Board introduces ordinance to guarantee up to $15.5 million in revenue bonds for Greater Bergen Community Action project
Summary
The Bergen County Board of Commissioners introduced Ordinance 25-03 to guarantee county-backed revenue bonds for a Greater Bergen Community Action Grama, Inc. project, authorizing a guarantee not to exceed $15,500,000; the ordinance passed first reading and was introduced by roll call (5 yes, 1 no).
The Bergen County Board of Commissioners introduced Ordinance 25-03 on first reading, a guarantee ordinance to secure revenue bonds or notes issued by the Bergen County Improvement Authority for the Greater Bergen Community Action Grama, Inc. project in an aggregate principal amount not to exceed…
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