FREEHOLD – The Borough Council has adopted a bond ordinance, which appropriates $1.3 million for road resurfacing, storm drainage improvements and the paving of a parking lot in Freehold Borough.
Council members adopted the bond ordinance following a public hearing on May 6.
The bond ordinance appropriates $1.3 million for the improvements and authorizes the issuance of $960,000 in bonds and notes to finance a portion of the costs. The remaining costs would be covered by a $250,000 grant officials expect to receive from the New Jersey Department of Transportation and a down payment of $50,000.
According to the ordinance, the improvements would consist of the resurfacing of Bannard Street and West Main Street, the resurfacing of and drainage improvements to Parker Street, and paving the Fourth Street parking lot.
In other business, council members adopted a bond ordinance that appropriates $335,000 for capital equipment acquisitions and municipal building improvements. The ordinance authorizes the issuance of $318,000 in bonds and notes and a down payment of $17,000 to cover the remaining costs.
The capital equipment acquisitions include, but are not limited to, the purchase of trailers for lawn mowers, a leaf vacuum box, a trailer for a roller and skid steer loader, an Alcotest breathalyzer, six air packs, fire department trunking radios, and a dump truck.
The municipal building improvements include, but are not limited to, an epoxy resurfacing of the annex floor of the Freehold firehouse.
And, council members authorized a professional services agreement with Abbington Engineering for engineering services. The firm will prepare a design to maximize the flow of storm drainage in the Court Street and Morris Street area. The estimated fee for the firm’s services is $7,300.
Finally, the council authorized a license agreement with D&M Fireworks for the presentation of the traditional Fourth of July fireworks celebration at Freehold Raceway. The event is scheduled for July 3 (rain date July 7).
