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North Haledon council adopts $2.52 million bond ordinance to fund roads, school playground and safety equipment
Summary
The Borough of North Haledon on March 18 adopted Ordinance #5-2026, a $2,517,678 bond ordinance that uses $1,737,465 in bonds and $1,096,625 in grants to finance street and sidewalk projects, police and fire equipment, technology upgrades and a playground at High Mountain Middle School.
The Borough of North Haledon Council on March 18 adopted a $2,517,678 bond ordinance to finance multiple 2026 capital projects, including road and sidewalk repairs, municipal building improvements, police and fire equipment, technology upgrades and playground rehabilitation at High Mountain Middle School.
The ordinance appropriates $2,517,678 in total, drawing on $1,096,625 in grant funding (Passaic County Open Space Trust Fund grants for 2023–2025 and a New Jersey Department of Transportation grant), $69,813 in down payments from the borough’s capital funds and authorizes up to $1,737,465 in bonds or notes to cover the remainder.
Projects listed in Section 3 include work for the Department of Public Works (Molly Ann pumping station lighting and related repairs), the purchase and installation of building security cameras and vehicle radio systems, municipal building and grounds improvements (including the Buehler Cultural Center and the municipal building at 535 High Mountain Road), paving and sidewalk work on Highland Road and a separate package covering Split Rock Road, Hartwig Place, Columbia Court and Glenwood Drive, police vehicle purchases and outfitting, fire department safety gear (turnout gear and breathing apparatus bottles), technology acquisitions and rehabilitation of the High Mountain Middle School playground. The ordinance also includes $101,473 in Section 20 costs and an estimated average useful life for the projects of about 10.79 years.
The ordinance specifies that the bonds and notes will be issued under the Local Bond Law (N.J.S.A. 40A:2-1 et seq.), allows temporary bond anticipation notes not exceeding $1,737,465, and notes that the Chief Financial Officer will report details of any note sales at the next governing-body meeting. The borough also declared its intent to reimburse pre-issuance expenditures with bond proceeds and authorized the CFO to prepare required secondary market disclosure under SEC Rule 15c2-12.
Council Member George Pomianek moved to adopt the ordinance on second and final reading; Council Member Donna Puglisi seconded the motion. Mayor Randy George called the roll and all present council members voted in the affirmative, carrying the measure.
Under the Local Bond Law and the ordinance’s Section 12, the bond ordinance takes effect 20 days after the first publication of the notice of final adoption; the clerk is authorized to publish the required notice.
