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Council approves $15.7 million bond ordinance on first reading
Summary
The council passed a bond ordinance appropriating $15,700,000; the measure passed with a 6–2 vote and will proceed through the city's adoption process.
An ordinance authorizing the appropriation of $15,700,000 in redevelopment area bonds was advanced by the Atlantic City Council on June 18.
The bond ordinance (read as Ordinance 45 during the meeting) was presented during the ordinance session. After roll‑call, the council recorded six affirmative votes and two negative votes. The clerk read the vote as six in the affirmative and two in the negative; two members recorded as voting no were listed in the transcript as Winston and Kurtz. The measure passed.
What it means: The ordinance authorizes the issuance of bonds tied to redevelopment activities identified in the ordinance text. Passage on first reading moves the measure toward final adoption, subject to any procedural requirements and a subsequent council vote.
Next steps: The ordinance will return for a second reading and final vote; staff indicated the measure passed after the recorded roll call and will be scheduled for completion in accordance with procedural rules.
