BOND ORDINANCE STATEMENTS AND SUMMARY
Published on July 10, 2026
BOARD OF COMMISSIONERS OF THE CITY OF VENTNOR
PUBLIC NOTICE
BOND ORDINANCE STATEMENTS AND SUMMARY
The bond ordinance, the summary terms of which are included herein, has been finally adopted by Board of Commissioners of the City of Ventnor, in the County of Atlantic, State of New Jersey on July 9, 2026 and the twenty (20) day period of limitation within which a suit, action or proceeding questioning the validity of such 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 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 THE ACQUISITION OF VARIOUS EQUIPMENT AND VEHICLES FOR THE FIRE DEPARTMENT BY AND IN THE CITY OF VENTNOR, IN THE COUNTY OF ATLANTIC, STATE OF NEW JERSEY; APPROPRIATING $1,270,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $1,209,523 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF
|
Purpose(s): | Acquisition Of A Fire Pumper Truck, A Command Vehicle And Various Fire Safety Equipment Including, But Not Limited To, Personal Protective Equipment (PPE), Rescue And Medical Equipment, Self Contained Breathing Apparatus (SCBA), Masks And System Parts. |
Appropriation: |
$1,270,000 |
Bonds/Notes Authorized: |
$1,209,523 |
Grant(s) Appropriated: |
None |
Section 20 Costs: |
$254,000 |
Useful Life: |
17.99 Years |
LISA H. HAND,
Clerk of the City of Ventnor