26-08 Bond Ordinance to Authorize the Improvement of Bogert Road (Section 10) In, By and For the Borough of River Edge

Ordinance #26-08 authorizes the Borough of River Edge, NJ, to improve Bogert Road (Section 10). The project includes road resurfacing, sidewalk, curb, and driveway apron improvements. A total of $327,528 is appropriated for the project, funded by a $237,528 State grant and $90,000 in authorized bonds. The ordinance details the authorization for issuing bonds and bond anticipation notes to finance the project, with a ten-year period of usefulness determined for the improvements.