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Council hears presentation of $30.1 million refunding bond ordinance
Newark Municipal Council · February 17, 2026
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Summary
Acting Finance Director Benjamin Guzman told the council the Local Finance Board approved the city's application to issue $30,100,000 in refunding bonds and asked that the ordinance be adopted at the next meeting; no vote was held on Feb. 17.
Benjamin Guzman, acting finance director, briefed the council on a public hearing and second-reading ordinance authorizing $30,100,000 in aggregate principal refunding bonds.
"Luckily the local…
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