TOWNSHIP OF STAFFORD
COUNTY OF OCEAN
BOND ORDINANCE NO. 2026-11
NOTICE OF PENDING BOND ORDINANCE
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 Stafford, in the County of Ocean, New Jersey (the “Township”), held on March 3, 2026. It will be further considered for final passage after public hearing thereon, at a meeting of said governing body to be held in the Municipal Complex, 260 E. Bay Avenue, Manahawkin, New Jersey, on March 31, 2026, at 7:00 p.m.., or as soon thereafter as said matter can be reached, at which time and place all persons who may be interested therein will be given an opportunity to be heard concerning the same.
A copy of this ordinance has been posted on the bulletin board upon which public notices are customarily posted in the Municipal Complex of the Township during the week prior to and up to and including the date of such meeting; copies of the ordinance are available to the general public of the Township who shall request such copies, at the office of the Municipal Clerk in said Township of Stafford, in the County of Ocean, New Jersey. The summary of the terms of such bond ordinance follows:
Title: BOND ORDINANCE PROVIDING FOR VARIOUS CAPITAL IMPROVEMENT PROJECTS, APPROPRIATING $7,475,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $7,101,250 BONDS AND NOTES TO FINANCE A PORTION OF THE COSTS THEREOF, AUTHORIZED IN AND BY THE TOWNSHIP OF STAFFORD, IN THE COUNTY OF OCEAN, NEW JERSEY.
Purpose(s): Providing for the following capital improvement projects: (i) Shoreline Restoration of Popular Point - Phase II and (ii) Nautilus Fire House Project – Phase II.
Appropriation: $7,475,000
Bonds/Notes Authorized: $7,101,250
Section 20 Costs: $675,000
Grant(s) Appropriated: $5,000,000 NJDEP Natural Climate Solutions
Useful Life: 20 Years
SUSAN M. FARRELL, RMC
Municipal Clerk, Township of Stafford
County of Ocean, New Jersey