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Bellmawr Council Approves Refinancing $7.7M Bond Anticipation Note

At its Special Meeting on August 17, 2017 Bellmawr Council approved Resolution #08:178-17, authorizing a Bond Anticipation Note in the amount of $7,734,433.26. The purpose of the Bond Anticipation Note was to refinance it through First Colonial Community Bank at 1.440%.

At its Special Meeting on August 17, 2017 Bellmawr Council approved Resolution #08:178-17, authorizing a Bond Anticipation Note in the amount of $7,734,433.26. The purpose of the Bond Anticipation Note was to refinance it through First Colonial Community Bank at 1.440%.

The supporting Resolution that outlines the roads that were reconstructed and the equipment that was purchased can be viewed below.

Additionally, Council also approved Resolution #08:179-17, which is the request to create a temporary crosswalk on West Browning Road at Ivy Lane.

Council’s meets next on August 24, 2017 at 7:00 p.m. in  the Courtroom of Borough Hall.

 

Council’s August 17, 2017 Caucus Agenda:

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