Introduced: May 13, 2013
Public Hearing: May 30, 2013
Capital ordinance providing for various improvements or purposes to be undertaken by the Township of Vernon, in the County of Sussex, New Jersey, appropriating therefore the sum of $215,000.00 and providing that such sum so appropriated shall be raised from the capital fund balance of the township
BE IT ORDAINED by the Township Council of the Township of Vernon, in the County of Sussex, New Jersey, as follows:
Section 1. The Township of Vernon, in the County of Sussex, New Jersey (the “Township”) is hereby authorized to make the following acquisitions, repairs and improvements in, by and for the Township, for the aforesaid structures, site work, accessories, appurtenances, equipment, work and materials necessary therefore or incidental thereto and suitable therefore:
|New Mowing Equipment||Estimated Cost: $ 80,000.00|
|Road Repairs||Estimated Cost: $120,000.00|
|Improvement to Town Properties||Estimated Cost: $15,000.00|
Section 2. The sum of $215,000.00 is hereby appropriated to the payment of the cost of the improvements and acquisitions authorized and described in Section 1 hereof (hereinafter referred to as “purpose”). Said appropriation shall be raised from the Capital Fund Balance of the Township to the payment of the cost of said purpose.
Section 3. Said improvements and acquisitions are lawful capital improvements of the Township having a period of usefulness of at least five (5) years. Said improvements and acquisitions shall be made as general improvements, no part of the cost of which shall be assessed against property specifically benefited.
Section 4. This ordinance shall take effect at the time and in the manner provided by law.