TOWNSHIP OF PLUMSTED PUBLIC NOTICE

TOWNSHIP OF PLUMSTED PUBLIC NOTICE TOWNSHIP OF PLUMSTED COUNTY OF OCEAN BOND ORDINANCE NO. 2025-25 BOND ORDINANCE STATEMENT AND SUMMARY The bond ordinance, the summary terms of which are included herein, has been finally adopted by the governing body of the Township of Plumsted, in the County of Ocean, State of New Jersey, by the recorded affirmative votes of at least two-thirds (2/3rds) of the full membership of the governing body on December 3, 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, 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: BOND ORDINANCE AMENDING IN PART BOND ORDINANCE NO. 2020-07 ADOPTED ON AUGUST 5, 2020, PROVIDING FOR VARIOUS CAPITAL IMPROVEMENTS AND THE ACQUISITION OF VARIOUS CAPITAL EQUIPMENT, AND APPROPRIATING $2,500,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $2,375,000 BONDS AND NOTES TO FINANCE A PORTION OF THE COSTS THEREOF, IN ORDER TO REMOVE REFERENCES TO GRANT FUNDS EXPECTED TO BE RECEIVED FROM THE NEW JERSEY DEPARTMENT OF TRANSPORTATION MADE THEREIN, AUTHORIZED IN AND BY THE TOWNSHIP OF PLUMSTED, IN THE COUNTY OF OCEAN, NEW JERSEY Purpose(s): Providing for the following capital acquisitions and/or improvements: (i) road reconstruction and sidewalks, (ii) municipal building improvements, and (iii) acquisition of various vehicles and equipment Appropriation: $2,500,000 Bonds/Notes Authorized: $2,375,000 Section 20 Costs: $500,000 Useful Life: 10.83 Years JENNIFER WITHAM, Municipal Clerk Township of Plumsted County of Ocean, New Jersey December 17 2025 LNYS0424050 $46.64