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ORDINANCE 1960-257790) 1 ORDINANCE NO. 257 ORDINANCE PROVIDING FOR THE IMPROVEMENT OF THE SANITARY SEWERAGE SYSTEM OF THE TOWNSHIP OF DELAWARE, IN THE COUNTY OF CAMDEN, NEW JERSEY, APPROPRIATING $221,000 THEREFOR, DIRECTING A SPECIAL ASSESSMENT OF THE COST THEREOF, AND AUTHORIZING THE ISSUANCE OF BONDS OR NOTES OF THE TOWNSHIP FOR FINANCING THE SAME. THE BOARD OF COMMISSIONERS OF THE TOWNSHIP OF DELAWARE, IN THE COUNTY OF CAMDEN, NEW JERSEY (not less than two- thirds of all the members thereof affirmatively concurring) DO ORDAIN AS FOLLOWS: Section 1. The improvement described in Section 3 of this ordinance is hereby authorized as a local improvement to be made or acquired by The Township of Delaware, in the County of Camden, New Jersey. For the said improvement or purpose stated in said Section 3, there is hereby appropriated the sum of $221,000, said sum being inclusive of all appropriations heretofore made therefor. Section 2. For the financing of said improvement or Purpose and to meet said $221,000 appropriation, negotiable bonds of the Township, each to be known as "Sewer Assessment Bond ", a are hereby authorized to be issued in the principal amount of $221,000 pursuant to the Local Bond Law, constituting sections 40 :1 -1 to 40:1 -88 of the Revised Statutes of New Jersey. In anticipation of the issuance of said bonds and to temporarily finance said improvement or purpose, negotiable notes of the Township in a principal amount not exceeding $221,000 are hereby authorized to be issued pursuant to and within the limitations Prescribed by said Law. The maximum rate of interest which any Of said obligations shall bear is six per centum (6 %) per annum. Section 3. (2) The improvement hereby authorized and the purpose for the financing of which said obligations are to be issued is the improvement of the sanitary sewerage system of the Township by the construction of sanitary sewers with necessary house connections, manholes, fittings and appurtenances in and along the following streets and locations in the Township: (1) T hird Street from existing sanitary sewer manhole, approximately s k F C C� 9 1, y E r i ti u ti 791 50' east of Philmar Avenue to Railroad Boulevard, (2) Haddonfield Avenue (Burnt Mill Road) from Sixth Street to Clements Bridge Road, (3) Sixth Street from Haddonfield Avenue (Burnt Mill Road) to Railroad Boulevard, (4) Fifth Street from Haddonfield Avenue (Burnt Mill Road) to Railroad Boulevard, .(5) Fourth Street from Haddonfield Avenue (Burnt Mill Road) to Railroad Boulevard, (6) Railroad Boulevard from Clements Bridge Road to Sixth Street, (7) Clements Bridge Road from Railroad Boulevard to Haddonfield Avenue (Burnt Mill Road), (8) Ellis Street from Railroad Boulevard to Haddonfield Avenue (Burnt Mill Road), (9) Kassner Avenue from Railroad Boulevard to Haddonfield Avenue (Burnt Mill Road), (10) Hoffman Avenue from Railroad Boulevard to Haddonfield Avenue (Burnt Mill Road), (11) Ashland Avenue from Railroad Boulevard to Haddonfield Avenue (Burnt Mill Road), (12) Second Street from Railroad Boulevard to Haddonfield Avenue (Burnt Mill Road), (13) Lake Drive West from existing sanitary sewer manhole at Church Road pumping station to Church Road, (14) Church Road from Lake Drive West to Oak Avenue, (15) Oak Avenue from Church Road to existing sewer manhole approximately 500' North of Katherine Avenue, (16) Coolidge Road from Church Road to existing sewer manhole at Roosevelt Drive, (17) Washington Avenue from Church Road to intersection of Grant Avenue and Jefferson Road, (18) Roosevelt Drive from existing sewer manhole at Washington Avenue to proposed manhole at Columbia Boulevard, (19) Lake Drive West from existing sewer manhole at Tyler and Grant Avenues to Columbia Boulevard, (20) Harding Road from Lake Drive West to Roosevelt Drive, (21) Columbia Boulevard from Lake Drive West to Roosevelt Drive, (22) Church Road from Lake Drive West to Wilson Road, (23) Lake Drive East from Church Road to Jackson Road, (24) Jackson Road from Lake Drive East to Roosevelt Drive, ( Roosevelt Drive from Jackson Road to a point approximately 5 j5' northwardly, (26) Lincoln Avenue from Lake Drive East to a Point approximately 605' northwardly, (27) Wilson Road from Lake Drive East to Monroe Avenue, (28) Columbia Boulevard from Lake Drive East to Monroe Avenue, (29) McKinley Road from Church Road i w i 4 1 I F t ; j i E� is h! C 792 to Monroe Avenue, (30) Monroe Avenue from McKinley Road to Columbia Boulevard, (31) Monroe Avenue from Columbia Boulevard to a point approximately 150' easterly of Roosevelt Drive, (32) Lincoln Avenue from Monroe Avenue to a point approximately 415' southwardly, (33) Roosevelt Drive from Monroe Avenue to a point 320' southwardly, (34) Haddonfield Road from existing sanitary sewer manhole at Church Road to existing sanitary sewer manhole at Carlisle Avenue and (35) Chapel Avenue from existing sanitary sewer manhole at Merchant Street to a point approximately 100' Southerly of Cedar Avenue, including all work or materials necessary or incidental for the aforesaid, all in accordance with and to the extent described in the Order of the State Department of Health of the State of New Jersey, hereinafter mentioned and in accordance with plans and specifications referred to in said Order and on file in the office of the Township Clerk and hereby approved. (b) The estimated maximum amount of bonds or notes to be issued from said improvement or purpose is $221,000. (c) The estimated maximum amount of money to be raised from all sources for said improvement or purpose is $221,000. Section 4. The following matters are hereby determined, declared, recited and stated: (a) The said purpose described in Section 3 of this ordinance is not a current expense and is an improvement or Property which the Township may lawfully make or acquire as a local improvement. (b) The period of usefulness of said purpose, within the limitations of sections 40 :1 -34 to 40:1 -36 of said Local Bond Law and according to the reasonable life thereof, is forty (40) Years. (c) The supplemental debt statement required by said Law has been duly made and filed in the office of the Township Clerk and a complete executed original thereof has been filed in the Office of the Director of the Division of Local Government of the State of New Jersey, and such statement shows that the gross debt of the Township as defined in Section 40:1 -76 of said Law is increased by this ordinance by $221,000, and the issuance of i 5 ,y 793 the said obligations authorized by this ordinance is permitted by the exception contained in subsection (g) of section 40:1 -16 of said Law to the debt limitations prescribed by said Law. (d) The following items, as defined and authorized by section 40:1 -55 of said Law, are and shall be charged as a part of the cost of said purpose to be financed by the issuance of said obligations: (1) not exceeding $3,000 on account of the cost of issuance of said obligations; and (2) not exceeding $13,000 on account of engineering and inspection costs and legal expenses; and (3) not exceeding $5,000 on account of interest on obligations to finance such cost during the period permitted by said section. (e) Nothing will be contributed by the Township at large to payment of the cost of said improvement or purpose, and the estimated amount of the special assessments to be levied on property specially benefited by said improvement is $221,000, and the number of annual installments in which such special assessments may be paid is ten (10). (f) This ordinance authorizes obligations of the Township solely for a purpose described in subsection (g) of section 40:1 -16 of said law, and the expenditure authorized by this ordinance and every part thereof is necessary to protect the Public health and to prevent or suppress a present menace to the Public health of sufficient gravity to justify the incurrence of debt in excess of statutory limitations and no less expensive method of preventing or suppressing such menace exists, and the State Department of Health of the State of New Jersey has here- tofore on August 18, 1960, made a finding and Order to this effect. Section 5. The cost of said local improvement, to the extent of the amount of the appropriation hereby made therefor, shall be paid by special assessments which shall be levied in a ccordance with law on property specially benefited thereby. The owner of any land upon which any such assessment shall have been Made may pay such assessment in the number of equal annual install- me nts hereinabove determined, all as may be provided in accordance nth law and with legal interest on the unpaid balance of the as sessment. J i i I 794 Section 6. The full faith and credit of the Township are hereby pledged to the punctual payment of the principal of and interest on the said obligations authorized by this ordinance. Said obligations shall be direct, unlimited obligations of the Township, and the Township shall be obligated to levy ad valorem taxes upon all the taxable property within the Township for the payment of said obligations and interest thereon without limita- tion of rate or amount. Section 7. This ordinance shall take effect twenty (20) days after the first publication thereof after final passage, as provided by said Local Bond Law. -- o 'p Clerk B d of Co ssione INTRODUCED: September 12, 1960 ADOPTEI): September 26, 1960 i d { 41; �k tl r e y dj �6 4