FREEHOLD – Members of the Borough Council in Freehold Borough have adopted a bond ordinance that will appropriate $1.1 million for improvements on various roads in the municipality.
Council members took the action on July 20. To finance a portion of the cost of the work, the ordinance authorizes the issuance of $752,000 in bonds or notes.
Additional funding for the improvements is expected to be received in the form of $310,000 in grants from the New Jersey Department of Transportation (DOT). The remaining costs will be covered by a local down payment of $38,000, according to the ordinance.
According to the bond ordinance, improvements will be made to Frances Drive, Berkeley Place and Yard Avenue.
In other business, the council members approved the submission of grant applications and the execution of grant contracts.
According to the resolutions, one application and contract is with the Monmouth County Office of Community Development for the Monmouth County Community Development Block Grant Program. The borough is applying for funding to be used for improvements to Ford Avenue in 2021.
The second application and contract is with the DOT for the Walkways to Bus Station project. The funding being sought would be used to create walkways to the bus station at Main and Throckmorton streets.
And, council members authorized a professional services agreement with Abbington Engineering, LLC, for 2020 road project improvement design in an amount not to exceed $69,200. The project will include portions of Frances Drive, Berkeley Place and Yard Avenue, according to a resolution.
Finally, council members authorized an application for energy assessment under the New Jersey Clean Energy Direct Install Program and the installation of the recommended energy efficient improvements with an 80% grant from the program.
