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Committee introduces $650,000 bond ordinance for road improvements; public hearing set

Holmdel Township Committee · July 22, 2026
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Summary

The committee introduced bond ordinance 2026‑15 to appropriate $650,000 for township road work, including an anticipated $253,584 NJDOT grant and authorization to issue $396,416 in bonds; public hearing set for August 11, 2026.

The township introduced bond ordinance 2026‑15 to provide for improvements to various township roads, appropriating $650,000 and noting an expected $253,584 grant from the New Jersey Department of Transportation. The ordinance authorizes issuance of $396,416 in bonds or notes to finance the township’s portion. The measure was adopted on first reading and a public hearing was scheduled for August 11, 2026.

Committee members voted in favor on roll call; the clerk will publish the ordinance on the township website and notice the public‑hearing date. The committee members indicated standard follow‑up at the hearing will include final specifications and grant documentation.

What’s next: Public hearing and possible final adoption on 2026‑08‑11, with staff to supply grant paperwork and project specifics before the hearing.