TOWNSHIP OF OCEAN COUNTY OF OCEAN BOND ORDINANCE NO. 2026-1   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 Ocean, in the County of Ocean, State of New Jersey (the “Township”), by the recorded affirmative votes of at least two-thirds (2/3rds) of the full membership of the governing body on February 17, 2026, 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. 2025-10 ADOPTED ON MAY 20, 2025, IN ORDER TO INCREASE THE TOWNSHIP’S APPROPRIATION THEREFOR BY $250,000 FOR A TOTAL APPROPRIATION OF $2,535,000, TO INCREASE THE AUTHORIZED BONDS AND NOTES TO BE ISSUED TO FINANCE A PORTION OF THE COSTS THEREOF BY $237,500 FOR A TOTAL DEBT AUTHORIZATION OF $2,472,500, AUTHORIZED IN AND BY THE TOWNSHIP OF OCEAN, IN THE COUNTY OF OCEAN, NEW JERSEY.   Purpose(s): Providing for general capital improvements and acquisitions, including, but not limited to: (i) various municipal roadway improvements under the Township’s Road Program (ii) Roadway Preservation – Improvements to Baltic Ave and Atlantic Ave; and (iii) the acquisition of a fire truck, together with all work and materials necessary therefor or incidental thereto.   Appropriation: $2,535,000 Bonds/Notes Authorized: $2,472,500 Grants Appropriated: $349,750 NJ DOT and $38,000 CDBG Section 20 Costs: $135,000 Useful Life: 20 Years                                    DIANE B. AMBROSIO, Municipal Clerk Township of Ocean                   County of Ocean, New Jersey 02/22/2026 ($44.88)