Upper Moreland committee says bond sale will fund township building renovations; meetings move to school administrative building

Township officials said the Upper Moreland Committee’s investment activity report now lists a "general obligation bond 2026," and that a good‑faith deposit and bond sale occurred since the committee last met. Officials said settlement on the capital improvement plan bonds is expected around June 30; the proceeds are slated to finance renovations to the township building at 117 Park Avenue and other capital projects planned for 2026–2029.

The committee also announced a temporary meeting location while the township building is under renovation. Township staff announced committee meetings will be held at the school district administrative building for roughly the next year to year and a half, subject to the school’s continued permission. The township’s temporary office location and police department address is 2510 Maryland Road, Suite 250 (the Willow Wood building on the Abington Hospital campus in Willow Grove). Officials said contact phone numbers and email addresses remain unchanged.

The investment activity item was considered as part of routine monthly financial reports adopted by the committee. The agenda discussion noted the bond sale and anticipated settlement date but did not record detailed allocations or a formal spending schedule for specific projects; staff indicated the funds are part of the capital improvement plan and tied to building and other capital improvements through 2029.

Next steps: settlement for the bonds was described as expected near the end of June; the committee did not take a separate formal vote that day to allocate proceeds to individual projects. The committee adjourned with no further action on project-specific spending.