Page 18
Additionally, all references to N.J.S.A. 47:1A-2 in Sections 3-19 D (1), (2)(j) and (3) shall be replaced with N.J.S.A. 47:1A-5.
NOTICE IS HEREBY GIVEN that the foregoing Ordinance was introduced and passed on first reading at a regular meeting of the Township Committee of the Township of Jackson, in the County of Ocean, State of New Jersey, held on August 26, 2002, and will be considered for second reading and final passage at the regular meeting of said Governing Body to be held on the 9th day of September, 2002, at 7:30 P.M. or as soon thereafter as this matter can be reached, at the meeting room of the Municipal Building in said Township, at which time all persons interested shall be given an opportunity to be heard concerning this Ordinance.
ANN MARIE EDEN, R.M.C. TOWNSHIP CLERK
DATED: 09/09/02
41-02
TITLE: BOND ORDINANCE PROVIDING FOR VARIOUS 2002 CAPITAL IMPROVEMENTS, BY AND IN THE TOWNSHIP OF JACKSON, IN THE COUNTY OF OCEAN, STATE OF NEW JERSEY (THE “TOWNSHIP”); APPROPRIATING $1,145,140.35 THEREFORE (A PORTION OF WHICH APPROPRIATION INCLUDES THE REAPPROPRIATION OF EXCESS BOND PROCEEDS IN THE AMOUNT OF $419,363.35) AND AUTHORIZING THE ISSUANCE OF $691,200.00 BONDS OR NOTES OF THE TOWNSHIP TO FINANCE PART OF THE COST THEREOF
PUBLIC HEARING OPENED:
WILLIAM SANTOS, 457 LEMING ROAD: He addressed Deputy Mayor Krakower, who is also the Finance Officer, and stated he thinks this ordinance appropriates an additional $700,000 through notes or bonds. He asked if this ordinance is adopted, what will the Township’s total gross debt be excluding bonds and notes for the schools? He said he had asked this question previously but that was during budget time and now they are borrowing more money since the adoption of the budget. He went on to say this bond ordinance authorizes the township to borrow an additional $691,000 and this should be a simple question. The Committee can find the answer on the Township’s supplemental debt statement that the Township is required to file. He explained that he is asking for information from his elected officials and can’t get it. In closing, he added that they are going to vote on something that they don’t have the answer to. Deputy Mayor Krakower told Mr. Santos that he doesn’t know what the exact amount is, but he believed he was given this answer in the past. He doesn’t want to say something because it is always taken out of context and turned into a lie. At the last meeting he explained how Mr. Santos said he came in support of the police officer. The same thing was done when he was the Administrator here, not once but twice. Mayor Broderick explained that they
haven’t borrowed any more money. He believes that this information was already given to Mr. Santos and if he has additional questions he should leave his name and number with Mr. Kennedy. He added that he spends enough time in Town Hall, he could have stopped in the Administrator’s office and asked for the information. In closing, he added that they had received all this information from the CFO and Administrator and were satisfied.
MOTION TO CLOSE PUBLIC HEARING BY: GIBLIN MOTION SECONDED BY: GRISANTI YES: GIBLIN, GRISANTI, KAFTON, KRAKOWER & BRODERICK