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Category: Notices Legal Notices
Source: NMG Classifieds
Listed: Fri Sep 13th


ORDINANCE #2024-33 BOND ORDINANCE STATEMENT AND SUMMARY The bond ordinance, the summary terms of which are included herein, has been finally adopted by Princeton, in the County of Mercer, State of New Jersey on September 9, 2024 and the 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 THE REPLACEMENT OF THE HEATING, VENTILATION AND AIR-CONDITIONING SYSTEM AT THE MUNICIPAL BUILDING IN AND BY PRINCETON, IN THE COUNTY OF MERCER, NEW JERSEY, APPROPRIATING 41,200,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $1,140,000 BONDS OR NOTES OF PRINCETON TO FINANCE PART OF THE COST THEREOF Purpose: The replacement of the heating, ventilation, and air-conditioning system at the Municipal Building, including all work and materials necessary therefor and incidental thereto and further including all related costs and expenditures incidental thereto Appropriation: $1,200,000 Bonds/Notes Authorized: $1,140,000 Grant Appropriated: N/A Section 20 Costs: $100,000 Useful Life: 15 years Rayna E. Harris Municipal Clerk 1x, PP, 9/13/24, Fee:$27.76 Affidavit Fee:$15.00
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