Caucus Meeting Agenda December 19, 2016

Updated 12/16/2016
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Caucus Meeting
December 19, 2016
7:30 PM


PROPOSED ITEMS FOR CONSIDERATION BY COUNCIL FOR THE REGULAR MEETING IMMEDIATELY FOLLOWING.


PUBLIC HEARING ON THE RENEWAL OF CLEARWATER VILLAGE MOBILE HOME PARK LICENSE FOR 2017
The appropriate officials of the Borough, Patrick Diegnan, Borough Attorney, County Board of Health, Spotswood Planning Board and Building Inspector and Fire Marshall, Police Department have received the application with the Borough's Ordinance and have set forth no objection to the Mobile Home Park renewal of License.  (A resolution will be on the consent agenda)
OPEN
CLOSE
Announce  that a resolution will  be on the consent agenda in the Regular Meeting.

ENGINEER REPORT

PRESENTATION OF CERTIFICATE OF DETERMINATION & AWARD

CFO Joe Zanga determines to issue the Bond Anticipation Notes, Series 2016A by several bond ordinances collectively, authorizing obligations in the aggregate principal amount of $4,030,000 as follows:
   
TOTAL PRINCIPAL

AMOUNT:  $2,862.00
DATED:  December 20, 2016
MATURITY:  December 19, 2017
INTEREST RATE PER ANNUM:
         1.29% payable at maturity
REGISTERED OWNER:
           TD Bank, National Association, 
              Mount Laurel, NJ
PLACE OF PAYMENT:
            Borough of Spotswood
            77 Summerhill Road
            Spotswood, NJ 08884        NUMBERS

2016A-1
    DENOMINATIONS

$4,030,000


Pursuant to the authority so conferred upon me, I, Joe Zanga, have awarded and sold the Notes to TD Bank, National Association, Mount Laurel, NJ at the price of $4,030,000, plus a premium of $ -0-.

CONTRACT PRICE
PREMIUM
INTEREST ACCRUED TO THE DATE OF DELIVERY
TOTAL AMOUNT RECEIVED (PURCHASE PRICE)

Payment of the Purchase Price was made as follows:

Wire of Immediately Available Funds to:

      TD Bank
      Borough of Spotswood Current Fund
              $4,030,000
     -0-
     -0-_____  
$4,030,000

RESOLUTIONS - UNDER CONSENT AGENDA

Copies of the resolutions under consent agenda are available for perusal only on the table.  Anyone desiring a copy may contact the Clerk after the meeting.

2016-187    Borough Council approve the renewal of Clearwater Village LLC Mobile Home Park License for the year  2017.

2016-188    Borough Council accepts resolution setting forth the agenda meeting dates and time set for the  year 2017.
   
2016-189    Borough Council authorize the award of Emergency Generator Maintenance services to EMR Power Systems for another one year,2016-190 retroactively back to March 10,2016  thru March 10, 2017.

2016-190    Resolution authorizing final pay estimate No. 3 and final close-out and change order for water system interconnection in the amount of $4,872.57 subject to contractor submitting payroll and  manning report and a one year maintenance bond in the amount  of $22,873.28.

2016-191    Resolution to provide for the transfer of year 2016 budget appropriations.

2016-192    Resolution supporting Police Officers, Firefighters, Correction Officers and First Responders.

2016-193    Borough Council authorized the Tax Collector, Utility Collector and Chief Financial Officer to cancel all balances less than $10.00, for certain adjustments, recessions, amendments, cancellations, corrections, refunds and uncollectibles on certain accounts due to various reasons.

2016-194    Payment of Bills.

PROCLAMATIONS - Councilman Leo Servis
                                  Margaret Drozd, Councilwoman

COMMENTS -      Any and all reports from Liaisons and Department Heads


OPEN TO THE PUBLIC
ADJOURN


   


* PLEASE NOTE: YOU MAY CLICK ON THE RESOLUTION NUMBER AND/OR ORDINANCE NUMBER TO READ IT IN FULL.