Home Independent Independent News Holmdel officials adopt bond ordinance to fund local improvements

Holmdel officials adopt bond ordinance to fund local improvements

HOLMDEL – The members of the Holmdel Township Committee have adopted a bond ordinance that will fund municipal improvements.

Committee members introduced the ordinance on Aug. 10.

During a meeting on Aug. 24, Mayor Greg Buontempo, Deputy Mayor Cathy Weber, Committeeman Prakash Santhana and Committeeman Tom Critelli voted “yes” on a motion to adopt the ordinance.

Four affirmative votes were needed to adopt the legislation.

Committeeman D.J. Luccarelli was absent from the meeting.

No one from the public commented on the ordinance when given the opportunity to do so.

Municipal officials approved appropriating $2.81 million for capital improvements and authorized the issuance of $2.67 million in bonds or notes to finance a portion of the appropriation.

The ordinance approved:

• Road improvements, including curbing, milling, paving, drainage and site preparations, Bethany Road intersection improvements, Indian Hill School crosswalk installation, Newman Springs Road and Cross Road crosswalk installation. The planned road improvements accounted for about $1.68 million of the $2.81 million appropriation;

• Public safety building improvements, including Holmdel Police Department locker room renovations and emergency services building improvements. The planned public safety building improvements accounted for about $600,000 of the $2.81 million appropriation;

• Recreational facility improvements, including but not limited to improvements at Allocco Park, improvements at Bayonet Farm, improvements at Ackerson Park and improvements at the Holmdel Swim Club;

• Public safety equipment; public facility improvements; and information technology equipment.

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