WEYMOUTH TOWNSHIP

WEYMOUTH TOWNSHIP BOND ORDINANCE STATEMENTS AND SUMMARY The Bond Ordinance, the summary terms of which are included herein, has been finally adopted by the Township of Weymouth, in the County of Atlantic, State of New Jersey on October 1, 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: "BOND ORDINANCE APPROPRIATING FIVE HUNDRED THOUSAND DOLLARS ($500,000) AND AUTHORIZING THE ISSUANCE OF UP TO FIVE HUNDRED THOUSAND DOLLARS ($500,000) IN BONDS OR NOTES OF THE TOWNSHIP OF WEYMOUTH FOR THE PAYMENT OF CERTAIN SOFT COSTS AND EXPENSES RELATED TO THE REPLACEMENT OF LEAD SERVICE WATER LINES AND CONSTRUCTION OF IMPROVEMENTS TO THE SANITARY SEWER SYSTEM, WHICH PROJECTS WILL BE UNDERTAKEN BY THE WEYMOUTH TOWNSHIP MUNICIPAL UTILITIES AUTHORITY" Purpose: To advance funds to pay certain soft costs and expenses to be incurred by the Weymouth Township Municipal Utilities Authority ("WTMUA") in connection with the planning, development and financing of the WTMUA's lead water service pipe replacement project and capital improvements to their existing sanitary sewer line system, such advances to be repaid to the Township by WTMUA pursuant to an agreement between the Township and the WTMUA. Appropriation: $500,000 Bonds/Notes Authorized: $500,000 Grants (if any) Appropriated: None Section 20 Costs: $500,000 Useful Life: 40 years DOROTHY-JO AYRES, RMC, TOWNSHIP CLERK This Notice is published pursuant to N.J.S.A. 40A:2-17. Publication Dates LNYS0367971 $