2475-16 Bond Ordinance 7378635 for various capital improvements.pdf

#2272000 v1 100181-33129 BOND ORDINANCE STATEMENTS AND SUMMARIES The Bond Ordinance, the summary terms of which are included herein, has b een finally adopted by the Township of West Orange, State of New Jersey on February 9, 2016 and the 20- d ay p eriod of limitation within which a suit, action or proceeding questioning the validity of such Ordinance can be commenced, as provided in the Local Bond Law, has begun to run from the date of the first publication of this statement. Copies of the full ordinance are available at no cost and during regular business hours, at the Clerk’s office for members of the general public who request the same. The summary of the terms of such bond ordinance follows: Title: Bond Ordinance Authorizing Various Capital Improvements In And For The Township Of West Orange, In The County Of Essex, New Jersey, Appropriating $7,378,635 Therefore And Authorizing The Issuance Of $7,027,266 Bonds Or Notes To Finance Part Of The Cost Thereof. Purpose(s): Resurfacing of various streets, including but not limited to Harrison Avenue, South Valley Road from Orange Line to Walker Road, Bradford Avenue, Grandview Avenue, Murphy Court, Ralph Road, Elm Street from Mississippi Avenue to Valley Way, Edgar Road, Pen Bryn Road, Rainbow Terrace, Rosemont Terrace, Drive and Court, Underwood Drive from Blackstock Road to Tenney Court, Tenney Court, Dale Drive, Pine Street from Wellington Avenue to Birch Street, Birch Street from Wellington Avenue to Birch Street, Dawes Avenue, Orange Heights Avenue, Meeker Street, Tremont Avenue, Spring Hill Drive, Cherrywood Circle and Fernwood Circle, and improvements to Watson Avenue, Curtis Avenue, Garfield Avenue, Winding Way, and Sheffield Terrance to Dead End, Degnan Park Driveway, including traffic stripping markings, signs, curbing and sidewalks; Various sewer improvements, including but not limited to improvements to Old Short Hills Road Pump Station, elimination of Korvel Pump Station and upgrade of Pump Station on 7 Lessing Court; Various outdoor facility improvements, including but not limited to improvements to outdoor recreational facilities and replacement of aerator; Acquisition of various information technology equipment, including but not limited to computer software, computer network upgrades, information technology improvements, radio tower certification, replacement of mobile modems, CAD system

echnology equipment, including but not limited to computer software, computer network upgrades, information technology improvements, radio tower certification, replacement of mobile modems, CAD system upgrades, firewall upgrades and 9-1-1 system upgrades; and Various indoor facility improvements, including but not limited to miscellaneous indoor facilities improvements, improvements to Katz Community Center and Police Building, installation of a new roof at O’Connor Park Field House. Appropriation: $7,378,635 Bonds/Notes Authorized: $7,027,266 Grants (if any) Appropriated: None Section 20 Costs: $2,000,000 Useful Life: 14.33 years KAREN J. CARNEVALE, TOWNSHIP CLERK

#2272000 v1 100181-33129 ORDINANCE # ________ RE: TOWNSHIP OF WEST ORANGE $7,378,635 FOR VARIOUS CAPITAL IMPROVEMENTS Certified copy of the Supplemental Debt Statement prepared as of the date of introduction of the ordinance. This should show filing in the Clerk's office as well as in Trenton. Down Payment Certificate. Certified copy of the minutes of the meeting of the Township Council held showing introduction of the ordinance. Affidavit of Publication in local newspaper following introduction of the ordinance. Certified copy of the minutes of the meeting of the Township Council held showing public hearing and final adoption of the ordinance. Affidavit of Publication in local newspaper following final adoption of the ordinance. Clerk's Certificate executed no sooner than 21 days following final publication of the ordinance.

#2272000 v1 100181-33129 DEBT STATEMENT CERTIFICATE I, Karen Carnevale, Township Clerk of the Township of West Orange, in the County of Essex, New Jersey (herein called the “Local Unit”), HEREBY CERTIFY that annexed hereto is a true and complete copy of the Supplemental Debt Statement of the Local Unit that was prepared as of __________ ___, 2016 by John Gross, who was then chief financial officer of the Local Unit and filed in my office on _________ __, 2016 , and that a complete, executed copy of such statement was filed in the office of the Director of he Division of local Government Services of the State of New Jersey on ___________________, 2016. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of the Local Unit this _____ day of _____________, 2016. ____________________________ Karen Carnevale, Township Clerk

#2272000 v1 100181-33129 CERTIFICATE OF DOWN PAYMENT I, JOHN GROSS, Chief Financial Officer of the Township of West Orange, in the County of Essex, New Jersey (the “Local Unit”) HEREBY CERTIFY that prior to the final adoption on ______________, 2016 of an ordinance entitled: “BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $7,378,635 THEREFORE AN AUTHORIZING THE ISSUANCE OF $7,027,266 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF.” there was available as a down payment for the purposes authorized by the ordinance the sum of $ 351,369 , which amount was appropriated as a down payment by the ordinance and was made available from the following sources (strike out inapplicable language): a. by provision in a previously adopted budget or budgets of the Local Unit for down payment or for capital improvements purposes: b. from moneys then actually held by the Local Unit and previously contributed for such purpose other than by the Local Unit; or c. by emergency appropriation. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporation seal of the Local Unit this _____ day of _____________, 2016. ____________________________________ John Gross, Chief Financial Officer (Seal)

#2272000 v1 100181-33129 EXTRACT from the minutes of a ___________________________ meeting of the Township Council of the Township of West Orange, in the County of Essex, New Jersey held at the Municipal Complex in the Township of West Orange on ________________ at ______________ o'clock ____.m. PRESENT: ABSENT: [Attach appropriate minutes hereto]

#2272000 v1 100181-33129 CERTIFICATE I, KAREN CARNEVALE, Township Clerk of the Township of West Orange, in the County of Essex, State of New Jersey, HEREBY CERTIFY that the foregoing annexed extract from the minutes of a meeting of the governing body of the Township duly called and held on __________________ , 2016 has been compared by me with the original minutes as officially recorded in my office in the Minute Book of the governing body and is a true, complete and correct copy thereof and of the whole of the original minutes so far as they relate to the subject matters referred to in the extract. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate seal of the Township this day of ____________, 2016. ___________________________ Karen Carnevale, Township Clerk (SEAL)

#2272000 v1 100181-33129 EXTRACT from the minutes of a ____________________________ meeting of the Township Council of the Township of West Orange, in the County of Essex, New Jersey held at the Municipal Complex in the Township of West Orange on ____________________ at _______o'clock ___.m. PRESENT: ABSENT: [Attach appropriate minutes hereto]

#2272000 v1 100181-33129 CERTIFICATE I, KAREN CARNEVALE, Township Clerk of the Township of West Orange, in the County of Essex, State of New Jersey, HEREBY CERTIFY that the foregoing annexed extract from the minutes of a meeting of the governing body of the Township duly called and held on __________________________ has been compared by me with the original minutes as officially recorded in my office in the Minute Book of the governing body and is a true, complete and correct copy thereof and of the whole of the original minutes so far as they relate to the subject matters referred to in the extract. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the corporate seal of the Township this _____day of _______________________, 2016. ______________________________ Karen Carnevale, Township Clerk (SEAL)

#2272000 v1 100181-33129 CLERK'S CERTIFICATE I, KAREN CARNEVALE, Township Clerk of the Township of West Orange, in the County of Essex, State of New Jersey, HEREBY CERTIFY as follows: 1. I am the duly appointed Clerk of the Township of West Orange, in the County of Essex, State of New Jersey (herein called the "Local Unit"). In this capacity I have the responsibility to maintain the minutes of the meetings of the governing body of the Local Unit and the records relative to all ordinances and resolutions of the Local Unit. The representations made herein are based upon the records of the Local Unit. 2. Attached hereto is a true and complete copy of an ordinance passed by the governing body of the Local Unit on first reading on and finally adopted by the governing body on , 2016 , and where necessary approved by the Mayor on . 3. On a copy of the ordinance and a notice that copies of the ordinance would be made available to the members of the general public of the municipality who requested copies, up to and including the time of further consideration of the ordinance by the governing body, was posted in the principal municipal building of the Local Unit at the place where public notices are customarily posted. Copies of the ordinance were made available to all who requested them; 4. A certified copy of this ordinance and a copy of the amended capital budget form has been filed with the Director of the Division of Local Government Services. 5. After final passage, the ordinance, a copy of which is attached hereto, was duly published on . No protest signed by any person against making the improvement or incurring the indebtedness authorized therein, nor any petition requesting that a referendum vote be taken on the action proposed in the ordinance has been presented to the