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Colts Neck’s governing body plans to issue bonds for new municipal building

COLTS NECK – Officials in Colts Neck are preparing to appropriate $11 million for the construction of a new municipal building.

A bond ordinance that would fund the construction of the building was introduced by the Township Committee on Feb. 12.

According to the ordinance, officials will make a $523,810 down payment and issue $10.48 million in bonds or notes to fund the project.

A public hearing on the ordinance will be held during the committee’s Feb. 26 meeting. The governing body may adopt the ordinance following the public hearing.

The new 16,000-square-foot building will house the Colts Neck Police Department, a large public meeting room and administrative departments. The building would be constructed on the site of the current police/municipal court building in the municipal complex at 124 Cedar Drive. The existing building would be demolished.

Officials said the police department will occupy most of the first floor of the new building.

The second floor would have a large meeting room to accommodate Township Committee meetings, municipal court sessions, meetings of various commissions and other public meetings. Colts Neck’s finance and administrative offices would be housed on the second floor.

In addition to the construction of the building, the bond ordinance would cover furnishings, fixtures and equipment such as lighting, heating, air conditioning, water, gas, electricity and sewage. Funding for parking, landscaping, curbs, sidewalks and walkways is also included in the bond ordinance.

Officials have said that if the bond ordinance is adopted as planned, construction of the new building is expected to begin in October, with a target date for completion around January 2022.

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