BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF HUDSON
PUBLIC NOTICE
NOTICE OF FINAL ADOPTION OF BOND ORDINANCE AND SUMMARY
The bond ordinance, the summary terms of which are included herein, has been finally adopted by the Board of County Commissioners of the County of Hudson, State of New Jersey on May 28, 2026 and the twenty (20) day period of limitation within which a suit, action or proceeding questioning the validity of such ordinance can be commenced, as provided in the Local Bond Law, N.J.S.A. 40A:2-1 et seq., has begun to run from the date of the first publication of this statement. Copies of the full ordinance are available at no cost and during regular business hours at the Office of the Clerk of the Board of County Commissioners for members of the general public who request the same. The summary of the terms of such bond ordinance follows:
Title:BOND ORDINANCE PROVIDING FOR VARIOUS 2026 PARK IMPROVEMENTS BY AND IN THE COUNTY OF HUDSON, STATE OF NEW JERSEY; APPROPRIATING $23,811,342 THEREFOR (INCLUDING A $750,000 GRANT RECEIVED OR EXPECTED TO BE RECEIVED FROM THE HUDSON COUNTY OPEN SPACE TRUST FUND) AND AUTHORIZING THE ISSUANCE OF $21,963,182 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF
Purpose(s):The bond ordinance provides for Various 2026 Park Improvements, including but not limited to, improvements to Lincoln Park, JJ Braddock Park, Columbus Park, Stephen R. Gregg Park, Washington Park, Mercer Park, Laurel Hill Park, Viaduct Park, various County parks, and the acquisition of equipment for use by the Parks Department, as more particularly described on a list on file with the Department of Finance and Administration
Appropriation: $23,811,342
Grants
Appropriated:$750,000 Hudson County Open Space Trust Fund Grant
Bonds/Notes
Authorized: $21,963,182
Down
Payment: $1,098,160
Section 20
Costs: $2,000,000
Useful Life: 15 years
CAROL JEAN DOYLE,
Clerk of the Board of County Commissioners