2700-22 - Amending and Restating Mellon Ave - West Orange.pdf

3 #13472599.1 168182/002 “Assessed Properties”), all as shown on and in accordance with plans on file in the Office of the Township Clerk, which plans are hereby approved. Such improvements shall also include, as applicable, the acquisition of rights-of-way, excavation, installation of sanitary sewer mains, associated laterals, sewer pipes and all piping and valves associated therewith, site restoration, repaving and landscaping, engineering and design work and also including all work, materials, labor and appurtenances necessary therefor or incidental thereto. The Assessed Properties are also on file in the office of the Township Clerk and are hereby incorporated in this bond ordinance as if more fully set forth herein. (b) The estimated maximum amount of bonds or notes to be issued for the improvement or purpose is $271,400. (c) The estimated cost of said improvement or purpose is $285,000, the excess amount thereof over the said estimated maximum amount of bonds or notes to be issued therefor being the aggregate amount of $271,400, is the down payment for said improvement or purpose in the amount of $13,600. (d) The estimated total cost of the improvement or purpose to be assessed against the Assessed Properties is $171,000. (e) The estimated total cost of the improvement or purpose to be contributed and borne by the Township is $114,000. SECTION 4. In the event the United States of America, the State of New Jersey, and/or the County of Essex make a contribution or grant in aid to the Township for the improvements and purposes authorized hereby and the same shall be received by the Township prior to the issuance of the bonds or notes authorized in Section 2 hereof, then the amount of such bonds or notes to be issued shall be reduced by the amount so received from the United States of America, the State of New Jersey, and/or the County of