CITY OF NORTH WILDWOOD COUNTY OF CAPE MAY, NEW JERSEY ORDINANCE NO. 1984 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 $6,000,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $5,700,000 IN BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF PUBLIC NOTICE NOTICE OF PENDING BOND ORDINANCE AND SUMMARY 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 August 19, 2025. 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 September 16, 2025 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 Clerks 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 $6,000,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $5,700,000 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:$6,000,000 Bonds/Notes Authorized:$5,700,000 Grants Appropriated: None Section 20 Costs: $1,200,000 Useful Life:15.83 years W. SCOTT JETT, RMC, CMR City Clerk 1 xFee=$36.65 8/27/25
