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Fanwood council approves $10.699 million bond consolidation to refinance capital notes

Fanwood Borough Council · January 20, 2026
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Summary

The Fanwood Borough Council approved a resolution authorizing a consolidated bond issue of $10,699,000 to convert short‑term notes into longer‑term bonds and finance capital improvements, including carriage house and library work; the sale is scheduled for Feb. 25.

The Fanwood Borough Council voted to approve Resolution 2026‑01‑047, authorizing a consolidated bond issue of $10,699,000 to roll short‑term notes into longer‑term bonds and fund recent capital projects.

Jesse, speaking for borough administration, said the sale — scheduled for Feb. 25 — will “fold over a number of notes” into…

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