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Carneys Point adopts $2.37 million bond ordinance and approves multiple grant insertions
Summary
The township adopted a bond ordinance appropriating $2,369,325 for equipment and capital improvements and approved several Chapter 159 revenue insertions totaling roughly $230,000 for road and community projects; the committee also approved audited vouchers of $1,465,252.27.
The Carneys Point Township Committee adopted Ordinance 1071, a bond ordinance appropriating $2,369,325 for equipment acquisitions and capital improvements and authorizing the issuance of up to $2,250,859 in general obligation bonds or bond anticipation notes.
Mr. Pelura said the items were previously approved at budget meetings and the ordinance allows the township to expend the funds. The committee also approved multiple Chapter 159 insertions into the 2025 budget, including $26,200.10 for a Clean Community grant, $70,116 for NJDOT N. Miller Ave roadway drainage improvements, $130,966 for Ives Ave Phase II & Del‑A‑Vue Ave improvements, and $3,953 for the Municipal Alliance grant. Additionally, the committee approved audited vouchers in the amount of $1,465,252.27.
All measures were moved, seconded and approved unanimously. The meeting record does not specify bond repayment sources or schedules beyond the budget discussions referenced by council members.
