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Holmdel officials adopt bond ordinance to fund capital improvements

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HOLMDEL – A bond ordinance that appropriates $9.13 million for capital improvements, including the construction of a new first aid building, has been adopted by the Holmdel Township Committee.

The ordinance was adopted on Aug. 13 with support from Mayor Eric Hinds, Deputy Mayor Michael Nikolis, Committeeman Rocco Pascucci, Committeeman Tom Critelli and Committeeman Greg Buontempo.

The legislation appropriates funds for public improvements; for the acquisition of equipment, machinery, technology and automotive vehicles; for renovations to the existing emergency services building at 20 Crawfords Corner Road to become a firehouse only; for the construction of a new first aid building across from the current emergency services building; and for the acquisition of a new fire truck.

Bonds or notes totaling $8.69 million are expected to be issued and the township expects to use $434,900 as the down payment, according to the ordinance.

The capital improvements outlined in the ordinance are as follows:

• The 2019 paving, curb, sidewalk and drainage program at various locations, $1.6 million;

• Improvements to public buildings and facilities, $652,000;

• Acquisition of new, additional or replacement equipment and machinery, new information technology and telecommunications equipment, new communication and signal systems equipment and new automotive vehicles, for the use of township departments, offices and agencies, $1.8 million;

• Construction of a new first aid building, which includes related site improvements to the existing emergency services building, $5 million. This includes renovations to the existing emergency services building and the acquisition of a new fire truck.

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