TOWNSHIP OF PARSIPPANY-TROY HILLS MORRIS COUNTY, NEW JERSEY PUBLIC NOTICE 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 Township of Parsippany-Troy Hills, in the County of Morris, State of New Jersey, on September 25, 2025. It will be further considered for final passage, after public hearing thereon, at the Municipal Building in the Township on October 21, 2025 at 7:00 p.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: ORDINANCE 2025:21 BOND ORDINANCE PROVIDING FOR VARIOUS 2025 CAPITAL ACQUISITIONS AND IMPROVEMENTS FOR THE SEWER UTILITY OF THE TOWNSHIP OF PARSIPPANY-TROY HILLS, IN THE COUNTY OF MORRIS, STATE OF NEW JERSEY; APPROPRIATING $6,815,000 THEREFOR (A PORTION OF WHICH APPROPRIATION INCLUDES THE REAPPROPRIATION OF EXCESS BOND AND NOTE PROCEEDS IN THE AMOUNT OF $19,414.70) AND AUTHORIZING THE ISSUANCE OF $6,795,585.30 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF Purpose(s): The Bond Ordinance provides for various capital acquisitions and improvements for the Sewer Utility of the Township, including, but not limited to, (i) various sewer improvements along Ashwood Place and Ser-Del Drive consisting of the installation of a piping system to eliminate the Siphon and acute angle in the manhole by selecting and designing an alternative route for the conveyance of sewage; (ii) enhancement of primary sludge pump controls consisting of the installation of new digital timers in a stainless steel control cabinet and the installation of sludge density meters along with ancillary wiring to control the removal of primary sludge from the tanks to increase the efficiency by reducing the duration of when the pumps operate; (iii) Phase 3 construction of a sanitary sewer system at Puddingstone Heights; (iv) replacement of the remote grinder at the pump station; (v) replacement of the raw sewage pump at the pump station; (vi) a water meter replacement program throughout the Township; (vii) influent piping modification at Powdermill Pump Station #1; (viii) ventilation improvements at the Pump Building; and (iv) purchase of the following vehicles and equipment for the Sewer Utility, including, but not limited to, a truck lift used for vehicle maintenance and repair, quonset hut cover, a mason dump truck, pick-up trucks with plows, closed-circuit television truck with video equipment, trash pumps, and a roll-off chasis. For a more complete description of the improvements, please refer to the full text of the bond ordinance. Appropriation: $6,815,000.00 Bonds/Notes Authorized: $6,795,585.30 Section 20 Costs: $200,000 Useful Life: 15.48 years Khaled Madin Township Clerk October 1 2025 LNYS0379235 $51.46