CITY OF NORTH WILDWOOD
COUNTY OF CAPE MAY, NEW JERSEY
ORDINANCE NO. 2007
BOND ORDINANCE PROVIDING FOR VARIOUS CAPITAL IMPROVEMENTS BY AND FOR THE CITY OF NORTH WILDWOOD, IN THE COUNTY OF CAPE MAY, STATE OF NEW JERSEY; APPROPRIATING $7,370,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $7,001,500 IN BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF
The bond ordinance, the summary terms of which are included herein, was introduced and passed upon first reading at a meeting of the governing body of the City of North Wildwood, in the County of Cape May, State of New Jersey, on April 7, 2026. It will be further considered for final passage, after public hearing thereon, at a meeting of the governing body to be held at the City Council Room, 901 Atlantic Avenue, North Wildwood, New Jersey 08260, on May 5, 2026 at 10 a.m. During the week prior to and up to and including the date of such meeting copies of the full ordinance will be available at no cost and during regular business hours, at the Clerk’s office for the members of the general public who shall request the same. The summary of the terms of such bond ordinance follows:
Title: BOND ORDINANCE PROVIDING FOR VARIOUS CAPITAL IMPROVEMENTS BY AND FOR THE CITY OF NORTH WILDWOOD, IN THE COUNTY OF CAPE MAY, STATE OF NEW JERSEY; APPROPRIATING $7,370,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $7,001,500 IN BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF
Purpose(s): Various Capital Improvements To City Streets, Roads And Bulkheads, And City Buildings, Grounds And Beaches Including, But Not Limited To, Seawall Repair And Beach Replenishment
Appropriation: $7,370,000
Bonds/Notes Authorized: $7,001,500
Grants Appropriated:
None
Section 20 Costs:
$1,475,000
Useful Life:
17.21 years
__________________________
W. SCOTT JETT, RMC, CMR
City Clerk
