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 Borough Council of the Borough of Brooklawn, in the County of Camden, State of New Jersey, on April 16, 2024. It will be further considered for final passage, after public hearing thereon, at a meeting of the Borough Council to be held at the Brooklawn Borough Municipal Building, 301 Christiana Street, Brooklawn, New Jersey on May 20, 2024 at 6:30 o'clock PM. 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 Borough Clerk's office for the members of the general public who shall request the same. The summary of the tenns of such bond ordinance follows: Title: BOND ORDINANCE AUTHORIZING THE COMPLETION OF CAPITAL IMPROVEMENTS FOR THE WATER TREATMENT PLANT IN AND FOR THE BOROUGH OF BROOK.LAWN, COUNTY OF CAMDEN, NEW JERSEY; APPROPRIATING THE SUM OF $1,600,000 THEREFORE; AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS OR BOND ANTICIPATION NOTES OF THE BOROUGH OF BROOK.LAWN, COUNTY OF CAMDEN, NEW JERSEY, IN THE AGGREGATE PRINCIPAL AMOUNT OF UP TO $1,600,000; MAKING CERTAIN DETERMINATIONS AND COVENANTS; AND AUTHORIZING CERTAIN RELATED ACTIONS IN CONNECTION WITH THE FOREGOING Purpose/Improvement Estimated Total Cos t Down Payment Amount of Obligations Period of Usefulness The construction and installation of a Granular Activated Carbon Filtration System for the Borough's Water Plant, together with the acquisition of all materials and equipment and completion of all work necessary therefor or related thereto. $1,600,000 $0 $1,600,000 20 years Appropriation: $1,600,000 Bonds/Notes Authorized: $1,600,000 Grants (if any) Appropriated: $0 Section 20 Costs: $140,000 Useful Life: 20 years This Notice is published pursuant to N.J.S.A. 40A:2-l 7. RYAN GILES, Borough Clerk Dated:5/1/24 Fee:$40.50