Tinton Falls Council Approves 2012 Road Program
Council adopts $1.9 million bond ordinance for project
Several borough roads will see significant improvements under the 2012 Road Program approved by the Tinton Falls Council on Tuesday night.
The council adopted a $1.9 million bond ordinance for the program, which is slated to begin this fall, according to Tinton Falls Borough Engineer David Marks.
Mayor Michael Skudera, who has explained the program at length and pledged his support for it, thanked the council for passing the ordinance.
While the total cost of the project is $1.9 million, there are funds available that will help lower the amount that would be bonded for the project.
The New Jersey Department of Transportation (NJDOT) awarded the borough $225,000 for the Heritage Boulevard Phase II project.
There is about $300,000 available from the 2010 road program bond ordinance, $100,000 from the 2012 budget line item and $25,000 available from the borough's Sidewalk Trust Account.
Therefore, the issuance of new bonds would be about $990,234 for the 2012 road program.
The following projects will be part of the 2012 road program:
• Heritage Boulevard - Phase II: Roslyn Drive to Asbury Avenue
• Reeds Road: Entire Length
• Riveredge Road - Phase III: Avalon Drive to Glenwood Drive
• Palomino Place: Entire Length
• Clydesdale Court: Entire Length
• Pinebrook Road: Hamilton Road to Wayside Road
• Rutgers Drive Draining Repairs (Road would be repaved as well)
• Essex Road Sidewalk Installation
• Pinebrook Road Sidewalk Installation
The program will also include the paving of almost two centerline miles of local roads in 2012.
A TF Res
10:25 pm on Wednesday, June 20, 2012
Bonding MORE money?! How much debt is Skudera planning on digging us into?
Don't get me wrong, I agree that the roads in Tinton Falls have been in a state of disrepair for too long. However, what happened to putting aside a line item in the budget for a little bit every year?
I can't wait to see how high our taxes will have to be raise and what programs will be cut when the time comes that someone will have to face the money and pay these loans back.