Branchville Borough Ordinance #07-2024

An Ordinance to Provide the Borough Funding for Drainpipe Repair on Fox Hill Road

BE IT ORDAINED the Borough Council of the Borough of Branchville, County of Sussex and State of New Jersey, that the following be properly authorized:

Drainpipe Repair : $215,000.00

BE IT FURTHER ORDAINED that the financing for the above is as follows:

Capital Improvement Fund : $215,000.00

BE IT FURTHER ORDAINED that the period of usefulness of the improvements is in excess of the five (5) year statutory requirement, and that no debt shall be incurred by the Township for this improvement authorization.

The capital budget conforms with the provisions of this ordinance to the extent of any inconsistency therewith and the resolution promulgated by the Local Finance Board showing full details of the Capital Budget and Capital Program as approved by the Director, Division of Local Government Services as on file with the Municipal Clerk is available for public inspection.

This ordinance shall take effect immediately upon passage and publication in accordance with the law.

Kathryn Leissler, CMR CTC RMC
Branchville Borough Clerk