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Fanwood council gives first reading to amended bond ordinance to add museum funding
Summary
The council introduced an amended and restated bond ordinance to allocate $10.7 million for a combined library-and-museum project and authorized issuing $7,202,500 in bonds on first reading; the ordinance restates a 2020 bond to explicitly include the museum with no increase in the total authorized amount.
The Fanwood Borough Council on Oct. 16 introduced an amended and restated bond ordinance to allocate $10,700,000 for construction of a library and museum and to authorize issuing $7,202,500 in bonds or notes to finance part of the appropriation.
Council moved the ordinance (read by the clerk) for adoption on first reading and scheduled a…
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