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
PUBLIC NOTICE
BOND ORDINANCE STATEMENTS AND SUMMARY
The bond ordinance, the summary terms of which are included herein, has been finally adopted by the City of North Wildwood, in the County of Cape May, State of New Jersey on May 5, 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, 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 Clerk’s office 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 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
