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compactor to help them out. He also thanked Lakewood, Plumstead, and Toms River for all their help. Councilman Kafton had some questions and Mr. Rasiewicz replied. Councilwoman Rivere stated that she's been to the garage and agrees that some of the equipment is really in bad shape and if we don't give them the equipment they need they cannot do the work. She believes that the time has come to get our fleet in better shape. Council Vice President Bressi stated most of the items listed are for the health, welfare and safety of the town.

MOTION TO APPROVE BOND ORDINANCE 19-10 ON FIRST READING, ADVERTISE THE APPROVAL AND NOTICE OF SECOND READING AND PUBLIC HEARING TO BE HELD ON, SEPTEMBER 28, 2010 BY: RIVERE MOTION SECONDED BY: UPDEGRAVE YES: KAFTON, RIVERE, UPDEGRAVE, BRESSI & MARTIN

BE IT ORDAINED by the TOWNSHIP COUNCIL OF THE TOWNSHIP OF JACKSON, IN THE COUNTY OF OCEAN, STATE OF NEW JERSEY (not less than two-thirds of all members thereof affirmatively concurring), AS FOLLOWS:

Section 1. The improvements described in Section 3 of this bond ordinance are hereby authorized as general improvements to be undertaken in and by the Township of Jackson, in the County of Ocean, New Jersey (the “Township”). For the improvements or purposes described in Section 3, there is hereby appropriated the sum of $3,098,475, said sum being inclusive of all appropriations heretofore made therefore, including the sum of $154,924 as the down payment for said purposes as required by the Local Bond Law, N.J.S.A. 40A:2-1 et seq.. The down payment is now available by virtue of provision for down payment or for capital improvement purposes in the Capital Improvement Fund of one or more previously adopted budgets.

Section 2. In order to finance the costs of said improvements or purposes not provided for by the application of the down payment, negotiable bonds are hereby authorized to be issued in the principal amount not to exceed $2,943,551, pursuant to the Local Bond Law. In anticipation of the issuance of said bonds and to temporarily finance said improvements or purposes, negotiable bond anticipation notes are hereby authorized to be issued pursuant to and within the limitations prescribed by the Local Bond Law.

Section 3. (a) The improvements hereby authorized and the purposes for which the obligations are to be issued consist of:

• i)Various municipal capital improvements including, but not limited to, Street Lighting Capital Contribution, public water installation at the Justice Complex, and road and drainage improvements, with a total appropriation and estimated cost of $1,075,000, an estimated maximum amount of bonds or notes therefor of $1,021,250, and an average period of usefulness of 20 years;
• ii)The implementation of a Township recycling center, including but not limited to the Legler Composting Site, with a total appropriation and estimated cost of $30,000, estimated maximum amount of bonds or notes therefor of $28,500, and an average period of usefulness of 15 years;
• iii)Technology information upgrades, including but not limited to acquisition of computers and upgraded software, and the acquisition of biometric devices, with a total appropriation and estimated cost of $51,590, estimated maximum amount of bonds or notes therefor of $49,010, and an average period of usefulness of 5 years;
• iv)The acquisition of a equipment for the Police Department, including but not limited to, a mobile in car video system, E Ticket-Electronic Ticketing for Mobile Computers, and Mobile Data Computer Upgrade and server, with a total appropriation and estimated cost of $361,000, estimated maximum amount of bonds or notes there for of $342,950, and an average period of usefulness of 5 years;