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Spring Lake Heights council adopts $2.11M capital bond and $2M water-sewer bond

Borough Council of the Borough of Spring Lake Heights · July 15, 2024
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Summary

At its July 15 meeting the Spring Lake Heights Borough Council unanimously adopted two bond ordinances: Ordinance 2024-09 (approximately $2.11 million for capital improvements) and Ordinance 2024-10 ($2.0 million for water and sewer utility improvements). No public speakers spoke during the hearings.

The Spring Lake Heights Borough Council on July 15 unanimously adopted two bond ordinances to fund capital and utility projects.

Ordinance No. 2024-09, which appropriates $2,110,000 for various 2024 capital improvements and authorizes the issuance of $2,000,000 in bonds or notes, was opened for public hearing, received no public comment and was adopted on a motion by Councilman William Graetz, seconded by Councilwoman Sara King. The vote was recorded as Ayes: Leonard Capristo, John Casagrande, Michele Degnan-Spang, William Graetz, Sara King and Christopher Willms; Nays: none.

The council then opened the public hearing on Ordinance No. 2024-10, a bond ordinance appropriating $2,000,000 for water and sewer utility improvements and authorizing $2,000,000 in bonds or notes. No members of the public spoke. Councilman Christopher Willms moved adoption; Councilman William Graetz seconded and the ordinance passed unanimously with the same six affirmative votes.

The ordinances will provide local funding authority to proceed with the projects identified in each ordinance; the hearing record shows no public objections at this meeting. The ordinances were adopted following the formal hearing and roll-call votes; the transcript does not specify effective dates or project start schedules.

Both measures were part of the council's regular agenda and passed without dissent. The council took no additional policy action on the items at the July 15 session.