New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 30 - LOCAL FINANCE BOARD
Subchapter 2 - LOCAL BOND LAW
Section 5:30-2.4 - Form of Notice of Pending Bond Ordinance and Summary publication

Universal Citation: NJ Admin Code 5:30-2.4

Current through Register Vol. 56, No. 18, September 16, 2024

(a) Pursuant to N.J.S.A. 40A:2-17.b, a local unit may choose to publish a bond ordinance in summary form and shall use the following form of summary of bond ordinance and notice of adoption:

NOTICE OF PENDING BOND ORDINANCE AND SUMMARY

The bond ordinance, the summary terms of which are included herein, was introduced and passed upon first reading at a meeting of the governing body of the _______of _______, in the County of _______, State of New Jersey, on _______, 20__. It will be further considered for final passage, after public hearing thereon, at a meeting of the governing body to be held at the _______, in the _______on _______, 20__ at _______o'clock ___M. During the week prior to and up to and including the date of such meeting copies of the full ordinance will be available at no cost and during regular business hours, at the Clerk's office for the members of the general public who shall request the same. The summary of the terms of such bond ordinance follows:

Title:

Purpose(s):

Appropriation:

Bonds/Notes Authorized:

Grants (if any) Appropriated:

Section 20 Costs:

Useful

_____________________, Clerk

This Notice is published pursuant to N.J.S.A. 40A:2-17.

BOND ORDINANCE STATEMENTS AND SUMMARY

The bond ordinance, the summary terms of which are included herein, has been finally adopted by the _______of _______, in the County of _______, State of New Jersey on _______, 20__ and the 20 day period of limitation within which a suit, action, or proceeding questioning the validity of such ordinance can be commenced, as provided in the Local Bond Law, has begun to run from the date of the first publication of this statement. Copies of the full ordinance are available at no cost and during regular business hours, at the Clerk's office for members of the general public who request the same. The summary of the terms of such bond ordinance follows:

Title:

Purpose(s):

Appropriation:

Bonds/Notes Authorized:

Grants (if any) Appropriated:

Section 20 Costs:

Useful

_____________________, Clerk

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