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New Providence council adopts bond ordinance, approves elevator and road project closeouts
Summary
The Borough Council adopted a second-reading bond ordinance to fund a suite of capital improvements and approved related contracts and final payments, including an elevator replacement at Barabash Manor and the Maple Street project closeout.
The Borough of New Providence adopted Ordinance 2025-6 at second reading, described in the meeting record as appropriating $15,873,500 for various capital improvements and authorizing issuance of bonds to finance the work. The public hearing drew no speakers and the council adopted the ordinance by roll call.
The council also approved contracts and final payments tied to capital work. It awarded a $183,718 contract to Current Elevator Technology Inc. for the Elizabeth Barabash Manor elevator replacement, noting $85,000 of that cost will be covered by a CDBG grant and the remaining $98,718 from the borough's affordable housing trust fund. Council members said residents at Barabash Manor are "very excited" for a functioning elevator.
Separately, the council approved a deductive change order of $54,281.48 to Portoino Builders for the NJDOT FY23 Maple Street improvement project after the project came in under budget, and the meeting record included a final payment to the contractor for project closeout.
Finance resolutions reviewed the borough's bills payable list ($988,164.30 as read aloud), including major items such as municipal insurance/GIF payments and healthcare costs. Council also authorized a municipalwide revaluation contract (amount read in the record contained numeric transcription garble) and approved a requisition for sidewalk maintenance not to exceed $50,000.
Council members said the revaluation vendor will provide public education about the process that residents can expect before new assessments take effect.
The meeting adjourned after the consent agenda vote that included these items.
