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InterlakenGreen Risk
Closed
General

2026 cap bank adopt

BID #: 2026-1
DUE: TBD
VALUE: TBD
100
Rating

Risk Rank

Green Risk

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Executive Summary

The Borough of Interlaken passed Ordinance 2026-1 on its second and final reading during a regular Borough Council meeting held on February 18, 2026. The ordinance pertains to exceeding the municipal budget appropriation limits and establishing a cap bank, as authorized under N.J.S.A. 40A: 4-45.14. The ordinance has been approved by the Mayor.

Detailed Risk Breakdown

local preference

No Flags Found

performance bond

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liquidated damages

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Quick Actions

Contacts

LORI FARRUGGIA

BOROUGH ADMINISTRATOR/CLERK

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Timeline

First Discovered

Apr 2, 2026

Last Info Update

Apr 30, 2026

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