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Council approves $555,000 bond ordinance for parks and recreation improvements
Summary
Ordinance O.25.20 was adopted to appropriate $555,000 for parks and recreation improvements and authorize bonds or bond anticipation notes up to $522,500; the motion carried unanimously.
The Borough adopted Bond Ordinance O.25.20 authorizing up to $555,000 in appropriations for improvements and acquisition/installation of equipment at various parks and recreation facilities. The ordinance authorizes issuing general obligation bonds or bond anticipation notes for up to $522,500 to fund the work.
Council President Thomas moved the ordinance and Councilman Haynes seconded; the motion was adopted with an affirmative roll call. The ordinance text lists determinations and covenants required by statute and authorizes related actions to proceed. No specific park projects or bid awards were included in the meeting minutes; the ordinance establishes funding authority to enable future procurement and construction steps.
