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CITY OF NORTHFIELD, NJ ORDINANCE 8 2016 BOND ORDINANCE APPROPRIATING ONE MILLION SIX HUNDRED TEN THOUSAND DOLLARS ($1,610,000) AND AUTHORIZING THE ISSUANCE OF ONE MILLION FIVE HUNDRED TWENTYNINE THOUSAND
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What is capital bond ordinance?
A capital bond ordinance is a legal document that authorizes a local government to issue bonds to fund capital projects.
Who is required to file capital bond ordinance?
Local governments such as cities and counties may be required to file capital bond ordinances.
How to fill out capital bond ordinance?
To fill out a capital bond ordinance, you will need to include information about the proposed bond issuance, the projects to be funded, and the terms of the bonds.
What is the purpose of capital bond ordinance?
The purpose of a capital bond ordinance is to provide a legal mechanism for local governments to raise funds for capital projects.
What information must be reported on capital bond ordinance?
Information such as the amount of bonds to be issued, the interest rate, the maturity date, and the projects to be funded must be reported on a capital bond ordinance.
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