2921-25 Bond Ord. - 2025 Various Capital Improvements - West Orange (95204632.1) (4.22.25).pdf

7 #95204632.1 168182.012 SECTION 11. The Township covenants to maintain the exclusion from gross income under Section 103(a) of the Internal Revenue Code of 1986, as amended, of the interest on all bonds and notes issued on a tax-exempt basis under this bond ordinance. SECTION 12. This bond ordinance shall take effect twenty (20) days after the first publication of the notice of final adoption of this bond ordinance, as provided by the Local Bond Law. ADOPTED ON FIRST READING DATED: APRIL22, 2025 KAREN J. CARNEVALE, Clerk JOE KRAKOVIAK, Township of West Orange Council President Township of West Orange ADOPTED ON SECOND READING DATED: May 6, 2025 KAREN J. CARNEVALE, Clerk JOE KRAKOVIAK, Township of West Orange Council President Township of West Orange APPROVAL BY THE MAYOR ON THIS _____ DAY OF ___________, 2025. SUSAN MCCARTNEY, Mayor Township of West Orange