ORDINANCE #2024-20 BOND ORDINANCE STATEMENT AND SUMMARY The bond ordinance, the summary terms of which are included herein, has been finally adopted by Princeton, in the County of Mercer, State of New Jersey on April 29, 2024 and the 20 day period of limitation within which a suit, action or proceeding questioning the validity of such bond ordinance can be commenced, as provided in the Local Bond Law, has begun to run from the date of the first publication of this statement. Copies of the full bond ordinance are available at no cost and during regular business hours at the Clerk’s office for members of the general public who request the same. The summary of the terms of such bond ordinance follows: Title: BOND ORDINANCE AMENDING BOND ORDINANCE NUMBERED 2019-21 OF PRINCETON, IN THE COUNTY OF MERCER, NEW JERSEY, FINALLY ADOPTED MAY 6, 2019 Purposes: A) To amend in its entirety the description in Section 3(h)(4) of Bond Ordinance numbered 2019-21 of Princeton, in the County of Mercer, New Jersey (“Princeton”), finally adopted May 6, 2019 (“Bond Ordinance #2019-21), to read as follows: “Park maintenance, CP basketball court resurfacing, the installation of a shade/safety structure on Smoyer Playground, improvements to various parks and matching funds for Mercer County at Play Grant for Hilltop Park and Smoyer Park, including all work and materials necessary therefor and incidental thereto.” B) To amend all references to the grant from Mercer County in Bond Ordinance #2019-21 to include Smoyer Park in addition to Hilltop Park Appropriation: $0 Bonds/Notes Authorized: $0 Grant: $500,000 Mercer County Grant for Hilltop Park and Smoyer Park Section 20 Costs: $0 Useful Life: N/A 1x, PP, 5/3/24, Fee:$33.43 Affidavit Fee:$15.00