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T&M: License to Bond With Matawan’s Funds
The Mayor sets the Agenda for Council meetings and on August 18, 2009 he placed Ordinance 09-16 to issue a $350,000 bond for the Water Treatment Plant at the bottom of the lengthy agenda.
The Borough Engineer from T&M Associates informed the Council that he would need to leave the meeting before the introduction of this Ordinance. He reluctantly agreed to stay for the reading after a formal motion to change the Agenda was passed but the mayor would not allow any questions. That was a close one but the Mayor came to the rescue for T&M in the end. Why wasn’t the engineer prepared to discuss this? A $350,000 item shouldn’t be rubber-stamped by the Republican Majority Council.
The initial $200,000 Bond just wasn’t enough for T&M. What was Matawan buying for $200,000 that is now projected to cost $350,000? Is the entire $350,000 for “Engineering Fees” payable to T&M Engineering?
The Mayor has most graciously stated he would allow the T&M Engineer to answer questions at the second reading of the Ordinance. This should buy T&M enough time to come up with some answers.
We’ll try to let you know the date of the second reading but we have to wait for the mayor to set the agenda first and then release the agenda and then have it posted on the Borough website. The third step often happens after the meeting has taken place.
Agenda (From The Borough Website)
Borough of Matawan
August 18, 2009
Ordinance 09-16: Amending Ordinance 09-07: Bond Ordinance Providing an Appropriation of $200,000 for Improvements to the Water
Treatment Plant for and by the Borough of Matawan in the County
Of Monmouth, New Jersey and Authorizing the Issuance of
$200,000 Bonds or Notes of the Borough for Financing Part of the
Appropriation
You just can’t tell from reading what is put up on the Borough Website that this Bond Ordinance 09-16 is for $350,000. Is this another attempt to mislead Matawan taxpayers?
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