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Council adopts bond ordinance authorizing roughly $2.67M in borrowing for capital projects
Summary
On June 10 the council adopted Ordinance 11-2026, a bond ordinance appropriating $3,325,748 and authorizing $2,668,892 in bonds and notes for various capital improvements and equipment; Councilmember Escalante's written statement registered a 'no' vote over concerns about new debt and project prioritization.
The borough's attorney read Ordinance 11‑2026 during the regular meeting: a bond ordinance "providing for various capital improvements and the acquisition of various capital equipment, appropriating $3,325,748, therefore, and authorizing the issuance of $2,668,892 in bonds and notes to finance a portion of the cost thereof." The public hearing was opened and, with no members of the public speaking, closed prior to the roll‑call vote.
A written statement from Councilmember Escalante was read into the record expressing opposition to authorizing approximately $2.67 million in new debt without clearer answers on alternative funding, project phasing and long‑term borrowing plans. Escalante wrote that while she supported many individual projects in the ordinance, she was not convinced that issuing debt for every item was necessary and urged more comprehensive financial analysis before borrowing. The ordinance passed on roll call with all present members recorded as voting yes except for Escalante's recorded written opposition.
