2953-26 Bond Ord. - Various Imp. to OSPAC - 1 Mil. DCA Grant -(2_10_26 Intro)(95856979.1).pdf

2 #95856979.1 168182.012 appropriation from the Capital Improvement Fund of the Township for down payment or capital improvement purposes in a previously adopted budget or budgets of the Township. SECTION 2. For the financing of said improvements or purposes described in Section 3 hereof and to meet the part of said $1,250,000 appropriation not provided for by said Grant and down payment referred to in Section 1 hereof, negotiable bonds of the Township are hereby authorized to be issued in a principal amount not exceeding $238,000 pursuant to, and within the limitations prescribed by, the Local Bond Law. In anticipation of the issuance of said bonds and to temporarily finance said improvements or purposes, negotiable notes of the Township in a principal amount not exceeding $238,000 are hereby authorized to be issued pursuant to, and within the limitations prescribed by, the Local Bond Law. SECTION 3. (a) The improvements hereby authorized and the purposes for which said bonds or notes are to be issued are for various improvements to the Oskar Schindler Performing Arts Center, including, but not limited to, the refurbishment of the performing arts center with two (2) outdoor pole-mounted speakers, the expansion of the existing stage with the installation of approximately 2,130 square feet of rubberized coating for the stage floor, the relocation of the existing stage staircase, the installation of window guards and lighting improvements at the existing stage building, the construction of a 10 x 20 storage shed and all work related thereto. In addition, such improvements shall also include all design work, preparation of plans and specifications, permits, bid documents, contract administration, work, materials, equipment, accessories, labor and appurtenances necessary therefor or incidental thereto, all in accordance with the plans and specifications on file in the Office of the Clerk of the Township and available for public inspection.