Eatontown council passes bond ordinance to fund improvements

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EATONTOWN – Members of the Eatontown Borough Council have passed a bond ordinance that will earmark $2.74 million to fund planned capital improvements in the municipality.

The ordinance was passed on July 27. The legislation will authorize the issuance of $1.96 million in bonds or notes to fund part of the cost of the planned improvements.

According to the order, the total appropriation of $2.74 million includes the receipt of $680,100 in grants. Two grants from the New Jersey Department of Transportation (DOT) are $332,000 and $300,000. A Monmouth County Open Spaces Program grant is $48,000. A deposit of $103,350 will cover the remaining costs.

According to the order, $1.47 million will be allocated to fund road and drainage improvements ($792,300 in bonds or notes, $632,000 in DOT grants, and a down payment of $41,700).

Road improvements will be made to Holly Glenn Way, Downtown Eatontown Greenway and Industrial Way West.

Drainage improvements will be made to the municipal parking lot, Wolcott Park and Husky Brook Park.

Improvements include excavating, milling, paving, rebuilding and placing or replacing full-depth pavement, sealing pavement cracks, and associated repair and/or installation of curbs , curb ramps, sidewalks, driveway aprons, resetting of utility moldings, road painting and cosmetic improvements as ordered.

According to the order, the $332,000 grant will be used for Industrial Way West improvements and the $300,000 grant will be used for Downtown Eatontown Greenway improvements.

In addition, $779,100 of the total credit will be allocated to machinery and equipment ($740,145 in bonds or notes and a deposit of $38,955).

According to the order, the credit is for the acquisition and installation or improvement of machinery and equipment for various divisions of the Department of Public Works, including a hook lift truck with tipper, plow and spreader, street sweeper, mini digger, 30-digit dumpsters, 59-truck refurbishment and fuel management system upgrades.

A document provided by Eatontown officials indicates that $261,700 will be allocated for vehicles and equipment ($248,615 in bonds or notes and a deposit of $13,085).

This appropriation is intended for the acquisition and installation of non-passenger vehicles and equipment for various services, including office furniture and computer hardware and software, mobile video recorders, non-passenger vehicles and less lethal weapons for law enforcement; a self-contained breathing apparatus, thermal imaging cameras, a new fire hose, bunker gear and a sports utility vehicle for the fire department; and road barricades, a communications board with radar and warning lights, and traffic control devices for the Office of Emergency Management, according to the order.

City officials said $240,200 will be allocated for public buildings and facilities ($182,590 in bonds or notes, the $48,000 Monmouth County grant and a down payment of $9,610).

The credit is intended for general capital improvements to the exterior and interior of various public buildings and facilities, as well as the installation of equipment and non-passenger vehicles, including the installation of a new key system for the Borough Hall, renovations and/or repairs to boutique and historical museum maintenance, carpet replacement and the installation of fire doors and walls at the municipal building, the construction of an outdoor shed for the community and preschool center, replacement of tables and chairs at the seniors’ home, acquisition of a scanner for the tax assessor and a chair for the tax collector, replacement of recreational facilities in various parks and improvements to the wading pool in Nicodemus Park.

The county’s $48,000 grant is for improvements to the wading pool, according to the ordinance.

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