NOTICE OF PENDING BOND ORDINANCE AND SUMMARY
Published on August 14, 2026
BOARD OF COMMISSIONERS OF THE CITY OF VENTNOR
PUBLIC NOTICE
NOTICE OF PENDING BOND
ORDINANCE AND SUMMARY
The bond ordinance, the summary terms of which are included herein, was introduced and passed upon first reading at a regular meeting of the governing body of the City of Ventnor, in the County of Atlantic, State of New Jersey on August 13, 2026. It will be further considered for final passage, after public hearing thereon, at a meeting of the governing body to be held at City Hall Commission Chambers, 6201 Atlantic Avenue, Ventnor City, in said County, on September 10, 2026 at 5:30 p.m. During the week prior to and up to and including the date of such meeting, copies of the full ordinance will be available at no cost and during regular business hours, at the Clerk’s office for the members of the general public who shall request the same. The summary of the terms of such bond ordinance follows:
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Title: | BOND ORDINANCE PROVIDING FOR VARIOUS 2026 GENERAL CAPITAL IMPROVEMENTS BY AND IN THE CITY OF VENTNOR, IN THE COUNTY OF ATLANTIC, STATE OF NEW JERSEY; APPROPRIATING $880,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $838,095 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF
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Purpose(s): | Acquisition Of Various Equipment For The Public Works Department Including, But Not Limited To, A Dump Truck With Plow, A Street Sweeper And Utility Truck |
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Appropriation: |
$880,000 |
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Bonds/Notes Authorized: |
$838,095 |
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Grant(s) Appropriated: |
None |
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Section 20 Costs: |
$176,000 |
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Useful Life: |
14 years |
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LISA H. HAND,
Clerk of the City of Ventnor