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Packet · Dec 4, 2012

Conference/Public Meeting Agendas/Documents — Packet

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BOND ORDINANCE 2367-12 BOND ORDINANCE AMENDING VARIOUS BOND ORDINANCES TO AMEND THE DESCRIPTION TO PROVIDE FOR VARIOUS CAPITAL IMPROVEMENTS FOR AND BY THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY BE IT ORDAINED BY THE TOWNSHIP COUNCIL OF THE TOWNSHIP OF WEST ORANGE, COUNTY OF ESSEX, NEW JERSEY (not less than two-thirds of all the members thereof affirmatively concurring), AS FOLLOWS: SECTION ONE: The Township Council of the Township of West Orange, in the County of Essex, New Jersey, has ascertained and determined to amend the Bond Ordinances set forth below, as follows: BOND ORDINANCE 1374-96 “SECTION 1: The Bond Ordinance of the Township Council of the Township of West Orange, in the County of Essex, New Jersey (the “Township”) entitled “BOND ORDINANCEAUTHORIZING THE FUNDING OF OBLIGATIONS OF THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, UNDER REGIONAL CONTRIBUTION AGREEMENTS PURSUANT TO N.J.S.A. 52:27D-301 et seq., APPROPRIATING $1,395,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $1,325,250 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF”, finally adopted on February 6, 1996 (the “Ordinance”) is hereby incorporated by reference in its entirety. SECTION 2: Section 1 of the Ordinance is hereby amended by (a) adding in Section 1 of the Ordinance after the phrase “under regional contribution agreements entered into pursuant to N.J.S.A. 52:27D-301 et seq.” the following additional project “and Various Road Improvements, including but not limited to Nicholas Avenue and Mountain Avenue, and improvements to outdoor facilities, and including all work or materials necessary therefor or incidental thereto,” and (b) deleting the reference of 5 years for the useful life in Section 6(b) of the Ordinance and substituting in lieu therefor 9.27 years. #1872460 v1 100181-33129

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