2984-26 Various Sewer Capital Improvements - West Orange (8_4_26 - Intro)(96154467.1).pdf

#95204632.2 168182.012 TOWNSHIP COUNCIL OF THE TOWNSHIP OF WEST ORANGE IN THE COUNTY OF ESSEX, NEW JERSEY PUBLIC NOTICE ORDINANCE 2984-26 NOTICE OF BOND ORDINANCE ADOPTION AND SUMMARY The bond ordinance, the summary terms of which are included herein, has been finally adopted by the Township Council of the Township of West Orange, in the County of Essex, State of New Jersey (the “Township”) on August 18, 2026 and the twenty (20) day period of limitation within which a suit, action or proceeding questioning the validity of such bond 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 bond 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 PROVIDING FOR VARIOUS 2026 SEWER CAPITAL ACQUISITIONS AND IMPROVEMENTS, BY AND IN THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, STATE OF NEW JERSEY, APPROPRIATING $3,214,200 THEREFOR AND AUTHORIZING THE ISSUANCE OF $3,053,490 BONDS OR NOTES OF THE TOWNSHIP TO FINANCE PART OF THE COST THEREOF Purpose(s): The bond ordinance provides for (i) the replacement of sewer pumps at Short Hills and Haggerty Pump Stations; (ii) sanitary sewer repairs along various roadways in the Township, including, but not limited to, Old Short Hills Road, Woodhull Avenue, the Municipal Plaza inlet, Park Terrace, Franklin Avenue and Main Street; (iii) milling and paving along Elliot Place; and (iv) repairs to a retaining wall located on Pleasant Valley Way. Please refer to the full bond ordinance for a more complete description of the improvements and purposes of the bond ordinance. Appropriation: $3,214,200 Bonds/Notes Authorized: $3,053,490 Down Payment: $160,710 Section 20 Costs: $535,700 Useful Life: 26.66 years KAREN J. CARNEVALE, Clerk of the Township of West Orange