Borough of Beach Haven

Borough of Beach Haven BOND ORDINANCE STATEMENT AND SUMMARY #2025-27 The bond ordinance, the summary terms of which are included herein, has been finally adopted by the Borough Council of the Borough of Beach Haven, County of Ocean, State of New Jersey (the "Borough") on November 10, 2025 and the twenty (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: AMENDMENT TO BOND ORDINANCE NUMBER 2024-38 FINALLY ADOPTED BY THE BOROUGH OF BEACH HAVEN, IN THE COUNTY OF OCEAN, STATE OF NEW JERSEY ON NOVEMBER 25, 2024 TO INCREASE THE APPROPRIATION THEREIN BY $645,000 TO REFLECT AN ANTICIPATED GREEN ACRES GRANT Purpose: The purpose of the bond ordinance is to amend Bond Ordinance No. 2024-38, to increase the appropriation and authorization amounts. Amount of Increased Appropriation: $ 895,000 Amount of Increased Authorization: $ 0 Additional Grants (if any) Appropriated: $ 645,000 Additional Section 20 Costs: $ 0 Useful Life (unchanged): 15 years Sherry Mason, Borough Clerk November 13 2025 LNYS0405332 $26.04