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Somers Point council approves range of ordinances, redevelopment agreements and a $13 million bond authorization

Somers Point City Council · August 14, 2025
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Summary

Somers Point's City Council on [date not specified in record] approved a slate of ordinances and resolutions, including authorization for city officials to proceed with the sale and issuance of a not-to-exceed $13,000,000 bond anticipation note.

Somers Point's City Council on [date not specified in record] approved a slate of ordinances and resolutions, including authorization for city officials to proceed with the sale and issuance of a not-to-exceed $13,000,000 bond anticipation note.

The council adopted Ordinance No. 15 (amending Chapter 114 on the Historic Preservation Commission) and Ordinance No. 16 (a continuing-education incentive program for volunteer and career firefighters). The council also carried Resolution 181 (renewing membership in the Atlantic County Municipal Joint Insurance Fund) and Resolution 182 (appointment of a public-private partnership redevelopment council).

In a roll-call vote the council approved Resolution 183, authorizing the chief financial officer and city officials to undertake actions related to the sale and issuance of a not-to-exceed $13,000,000 bond anticipation note (series 2025) and approving a continuing-disclosure undertaking for the notes. The clerk called the roll with each member…

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