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North Haledon introduces $2.08 million bond ordinance for 2023 capital improvements including roadwork and recreation upgrades
Summary
Council introduced a bond ordinance appropriating $2,080,604 for 2023 capital projects — including Werner Avenue and other road and sidewalk work, pickleball courts, municipal building and library improvements — with $462,340 in expected NJDOT grant funding; final adoption was scheduled for March 15, 2023.
On Feb. 15 the North Haledon Borough Council introduced Ordinance #10-2023, a bond ordinance establishing the borough’s 2023 capital improvement program and authorizing the issuance of up to $1,513,128 in bonds or notes to finance part of a $2,080,604 appropriation.
The ordinance lists a $462,340 grant expected from the New Jersey Department of Transportation and a down payment of $105,136 (including $78,800 received from the Federal Emergency Management Agency allocated to the Werner Avenue project) as part of the…
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