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Mount Arlington council approves bond sale to New Jersey Infrastructure Bank for water projects
Summary
On Jan. 20 the Mount Arlington Borough Council unanimously approved a package of resolutions that included combining and selling bonds up to $1,090,836 to the New Jersey Infrastructure Bank for environmental infrastructure financing; the vote passed on a single roll-call motion.
MOUNT ARLINGTON, N.J. — The Borough of Mount Arlington Council unanimously approved a slate of resolutions at its Jan. 20, 2026 regular meeting that included authorizing the combination and sale of bonds up to $1,090,836 to the New Jersey Infrastructure Bank under the New Jersey Water Bank Environmental Infrastructure Financing Program.
Council President Delaney moved to approve resolutions 2026-37 through 2026-46; Councilman Fuller seconded the motion. The roll call recorded aye votes from Councilman BaRoss, Councilman Cangiano, Councilman Fuller, Councilwoman Fostle, Councilwoman Galate and Council President Delaney.
Why it matters: The bond authorization (resolutions 2026-39 and 2026-40) is intended to finance environmental infrastructure projects tied to the borough’s water system; the resolutions name the New Jersey Infrastructure Bank and the State of New Jersey as the intended purchasers. The council packet included a set of other routine fiscal and administrative measures bundled with the bond authorizations.
What the council approved: In addition to the Water Bank financing resolutions, the council approved a transfer of funds (2026-37), a check register (2026-38), cancellation of prior grant receivable and appropriation reserve balances (2026-42), an agreement with the Lake Hopatcong Elks for senior citizen meetings (2026-43), a traffic safety plan for the annual Fourth of July fireworks (2026-44), a disabled veteran tax-exemption cancellation and related refund (2026-45 and 2026-46), and the appointment of Ashley Todd as Acting Municipal Clerk and Registrar of Vital Statistics (2026-41).
What council members said: The motion to approve the package was made by Council President Delaney and seconded by Councilman Fuller; the meeting minutes record no discussion on the resolutions before the roll-call vote.
Next steps and caveats: The resolutions authorize the forms, sale and execution of agreements necessary to effect the financing but do not themselves provide project-level detail or an implementation schedule. The council noted that further administrative steps and agreements with the New Jersey Infrastructure Bank and State agencies will follow, and that a more detailed press release or documents may be issued by the borough administration.
The council adjourned at 7:54 p.m.
