Details for UPPER TWP - LEGAL

TOWNSHIP OF UPPER CAPE MAY COUNTY ORDINANCE ORDINANCE NO. 010-2020 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 meeting of the governing body of the Township of Upper, in the County of Cape May, State of New Jersey, on October 13, 2020. It will be further considered for final passage, after public hearing thereon, at a meeting of the governing body to be held exclusively by electronic means, as set forth below, in the Township on November 9, 2020 at 7:30 o’clock p.m. During the week prior to and up to and including the date of such meeting, copies of the full bond 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: Title: “BOND ORDINANCE PROVIDING FOR VARIOUS CAPITAL IMPROVEMENTS IN AND BY THE TOWNSHIP OF UPPER, IN THE COUNTY OF CAPE MAY, NEW JERSEY, APPROPRIATING $2,000,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $1,900,000 BONDS OR NOTES OF THE TOWNSHIP TO FINANCE PART OF THE COST THEREOF” Purposes: Purpose Appropriation & Estimated Period of Estimated Cost Maximum Usefulness Amount of Bonds & Notes a) Department of Public Works: i) Acquisition of a backhoe, a utility body pickup with extended cab, pickup trucks with extended cab with plow, a bat-wing mower, an automated trash truck and a leaf truck, including all related costs and expenses incidental thereto. $935,000 $888,250 5 years ii) Acquisition of a vehicle lift and an air compressor (tow behind), including all related costs and expenses incidental thereto. $41,000 $38,950 15 years TOTAL: $976,000 $927,200 b) Recreation Facilities: Acquisition of digital display signs and the construction of a Caldwell Park press box and grandstand, including all related costs and expenses incidental thereto. And further including all work and materials necessary therefor and incidental thereto. $100,000 $95,000 10 years c) Public Safety Equipment: (i) Acquisition of a Kubota for the beach, including all related costs and expenses incidental thereto. $15,000 $14,250 5 years (ii) Acquisition of a portable light tower with generator, including all related costs and expenses incidental thereto. $70,000 $66,500 15 years (iii) Acquisition of portable radios, including all related costs and expenses incidental thereto. $25,000 $23,750 10 years TOTAL: $110,000 $104,500 d) Engineering: (i) The Harbor Road Boat Ramp Project, including all related costs and expenditures incidental thereto and further including all work and materials necessary therefor and incidental thereto. $400,000 $380,000 10 years e) Emergency Medical Services: (i) Acquisition of an ambulance and a remount for an ambulance, including all related costs and expenditures incidental thereto. $384,000 $364,800 5 years (ii) Acquisition of a power load stretcher, including all related costs and expenditures incidental thereto. $30,000 $28,500 15 years TOTAL: $414,000 $393,300 GRAND TOTAL: $2,000,000 $1,900,000 Appropriation: $2,000,000 Bonds/Notes Authorized: $1,900,000 Grants Appropriated: N/A Section 20 Costs: $100,000 Useful Life: 7.017 years Please be advised, the November 9, 2020 Upper Township Committee meeting will be conducted exclusively by electronic means. The public will be able to attend the meeting and participate in public comment by utilizing a computer, tablet, or smartphone that has a microphone and speaker, or by dialing in on a telephone. The meeting will commence electronically on November 9, 2020 at 7:30 p.m. From your computer, tablet or smartphone: Please go to https://www.gotomeet.me/UpperTownship-NJ/ut-public-meetingroom. To dial in using your phone: United States: 1 (872) 240-3311 Access Code: 617 672 469 New to GoToMeeting? Get the app now and be ready when the first meeting starts: https://global.gotomeeting.com/install/617672469 For any questions please contact the Clerk’s Office at 609-628-2011 ext. 200. Barbara L. Young, Clerk This Notice is published pursuant to N.J.S.A. 40A:2-17. Printers Fee: $86.28 Order No. 0000154012-01 Pub. Date: October 16, 2020

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