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YOUR MONEY: Gloucester Council Introduces $1.1M Bond Ordinance

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The government has no money of its own. It’s all your money.”

Margaret Thatcher

 

 

GLOUCESTER CITY, NJ (September 26, 2022)CNBNewsnet--Gloucester City Mayor and Council at their September 22, 2022, meeting introduced a $1,128,200 bond ordinance on first reading. The second reading is scheduled for October 27, 2022. Screen Shot 2022-06-11 at 20.43.00

Of that amount $3,200 will be used for a water heater at the library; $96,000 for a self-contained vacuum debris container; $160,000 for repairs to the municipal complex; $144,000 for sports utility vehicles for the city; $24,000 for self-contained breathing apparatus air compressor for the fire department; $24,000 for turnout gear; $32,000 for computers for the municipal complex building; $720,000 for resurfacing various city streets.

The Council submitted a proposal to the NJ Urban Enterprise Zone Authority to use funds in the amount of $636,983 for administrative expenses for the fiscal year ending June 30, 2023.

A resolution was approved authorizing the execution of a grant contract with the NJ Department of Transportation for the Gloucester City Middle School infrastructure and pedestrian safety improvements program in the amount of $777,955.

Gloucester City was awarded an $89,144 assistance firefighters grant from FEMA. The City entered into a shared service agreement with Camden City, Collingswood, Bellmawr, Westville, Cherry Hill, and its Fire Department for this Regional Grant.

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