Ordinance No. 15-17
Introduced: May 11, 2015
Public Hearing: May 28, 2015
An ordinance providing for the improvement of various roads in and by the Township of Vernon, in the County of Sussex, New Jersey, appropriating $169,000 therefor, constituting proceeds of obligations of the township heretofore issued
BE IT ORDAINED BY THE TOWNSHIP COUNCIL OF THE TOWNSHIP OF VERNON, IN THE COUNTY OF SUSSEX, NEW JERSEY, AS FOLLOWS:
Section 1. The improvement described in Section 2 of this ordinance is hereby authorized to be made or acquired by The Township of Vernon, in the County of Sussex, New Jersey, as a general improvement, and there is hereby appropriated therefor the sum of $169,000, said sum constituting proceeds of obligations of the Township heretofore issued and not necessary for financing the purposes for which issued and now available for financing the said improvement or purpose.
Section 2. The improvement or purpose for the financing of which the appropriation is made as provided in Section 1 of this ordinance is the improvement of various roads in and by the Township, together with all structures, appurtenances, guard rails, milling, drainage improvements, equipment, work and materials necessary therefor or incidental thereto, all as shown on and in accordance with the plans and specifications therefor on file or to be filed in the office of the Township Clerk and hereby approved.
Section 3. It is the opinion of the Township Council of the Township, as the governing body thereof, that it is in the best interest of the Township that $169,000, constituting proceeds of obligations of the Township heretofore issued under Ordinance No. 14-12 (section 3(d)) of the Township, shall be appropriated to and used to finance costs, including incidental expenses, of the improvement or purpose above described in Section 2 of this ordinance.
Section 4. The capital budget or temporary capital budget of the Township is hereby amended to conform with the provisions of this ordinance to the extent of any inconsistency herewith and the resolutions promulgated by the Local Finance Board showing all detail of the amended capital budget or temporary capital budget and capital program as approved by the Director, Division of Local Government Services, are on file with the Township Clerk and are available for public inspection.
Section 5. This ordinance shall take effect after final passage as provided by law.