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Harvey Cedars approves $250,000 drainage bond, authorizes up to $2.875M Water Bank note for monitoring well
Summary
At its Aug. 5 meeting the Board of Commissioners adopted a $250,000 bond ordinance for drainage, stormwater and bulkhead improvements, approved a note to the NJ Infrastructure Bank to finance a water monitoring well (up to $2,875,000), and authorized a $78,457 change order for the Long Beach Boulevard streetscape.
Harvey Cedars, N.J. — The Borough of Harvey Cedars on Aug. 5 adopted a $250,000 bond ordinance to fund drainage, stormwater and bulkhead improvements and authorized a Water Bank construction note to finance a water monitoring well project.
The board adopted Ordinance No. 2024-22 on second reading, appropriating $250,000 for improvements across the borough and authorizing the issuance of $237,500 in bonds or notes to finance the work. Commissioner Paul G. Rice moved the final adoption; Commissioner Joseph F. Gieger seconded and the roll call was unanimous in favor.
Why it matters: officials said the work targets recurring flooding and shoreline protection needs. During public discussion resident Barry Sziklay asked whether Suffolk Place — a street where flooding has been reported — was being addressed; Commissioner Gieger said the borough will add Suffolk Place to its stormwater list.
The board also adopted Resolution No. 2024-103 to issue a note through the New Jersey Infrastructure Bank’s Water Bank Construction Financing Program in an amount up to $2,875,000 to finance a water monitoring well project. The resolution authorizes the mayor and chief financial officer to execute documents required by the I‑Bank; the motion carried on roll call.
Commissioner Rice said the finance department is continuing to pursue funding for the well project.
The board approved Resolution No. 2024-106, Change Order #1, for the SFY 2022 Long Beach Boulevard Downtown Streetscape Project (Phase 1). The change order adds $78,457.16 to the contract, bringing the total to $739,770.36; the mayor was authorized to execute the change order.
What passed (formal actions): - Ordinance No. 2024-22 (drainage/stormwater/bulkhead improvements): motion to adopt by Commissioner Rice; second Commissioner Gieger; roll call ayes by Mayor John M. Imperiale, Commissioner Joseph F. Gieger and Commissioner Paul G. Rice; adopted. - Resolution No. 2024-103 (note for Water Bank Construction Financing Program — water monitoring well): motion to adopt by Commissioner Rice; second Commissioner Gieger; roll call ayes; adopted. - Resolution No. 2024-106 (Change Order #1, Streetscape Phase 1): motion to adopt by Commissioner Rice; second Commissioner Gieger; roll call ayes; adopted.
Funding and next steps: the bond ordinance includes a $12,500 down payment and contemplates issuing bonds or notes for $237,500. The Water Bank note allows temporary financing while the borough pursues long-term I‑Bank financing; the resolution authorizes the borough officers to finalize the note terms and closing documents. Commissioner Rice said staff will continue work to secure grant and loan funding for the well project and follow up on public questions about which streets will be prioritized for stormwater work.
Source: Board of Commissioners meeting and adopted documents.
