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Camden County introduces open-space bond measures and holds hearing on college improvement bond

3764564 · May 15, 2025
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Summary

The Camden County Board of Commissioners introduced two resolutions tied to county-guaranteed open-space bonds and held a public hearing on a $3.34 million bond ordinance for Camden County College; formal public hearings were scheduled and roll-call introductions passed.

The Camden County Board of Commissioners introduced two resolutions to guarantee and consent to Improvement Authority financing for open-space acquisitions and park improvements, and held a public hearing on a bond ordinance to pay for capital work at Camden County College.

The board announced public hearings on both open-space resolutions for June 19, 2025, at the Camden County Courthouse, 520 Market Street, sixth-floor meeting room, at 12 p.m. The second resolution would consent to issuance by the Camden County Improvement Authority of tax-exempt county‑guaranteed open-space trust fund revenue bonds and bond anticipation notes in an aggregate principal amount not to exceed $27,000,000 to finance park improvements and related open-space infrastructure. The county cited NJSA 40:37A-56 in describing related matters.

During a public hearing the board opened comment on a bond ordinance appropriating $3,336,653 for various improvements at Camden County College and providing for the issuance of bonds or notes of the county to finance that appropriation. No members of the public offered comment during that hearing, and the board closed the public hearing and moved to adopt the ordinance by roll call.

The introductions were made by motion and adopted on roll call. The board scheduled the formal public hearings noted above and will proceed with required notice and adoption processes at the hearing date.

Background: Commissioners said the open-space financing supports the county's Open Space, Recreation, Farmland and Historic Preservation Trust Fund referendum goals and will underwrite acquisition and improvements. The ordinance for Camden County College was presented as part of routine capital funding for the county's education facilities.

What happens next: Formal public hearings are set for June 19, 2025; adoption or further action will be decided after those hearings and after completion of statutorily required notice and roll-call votes.