RBHC June 2016 Update

 

  • As noted in the April 26 council presentation NJ law normally requires a 5% down payment as part of any bond funding process, although a special waiver can be granted. Recently, we were granted the waiver and as a result, we do not need to use our current reserves to fund the project.
  • FEMA has extended the deadline for our use of the $1.1 million grant from October 2016 to October 2017.
  • Construction estimates continue to highlight the probability of a building cost savings of approximately $700,000
  • The bid packages were released and we hope to be able to award the contract by the July 19 Town Council meeting.
  • The RBHC will hold an information session on the new borough hall project on Sunday July 17 at 11 am in the fire house. A short presentation will be followed by a question and answer session.

 

Feel free to contact any of the members of the Communications Committee with any concerns.

RHBC – Communications Committee

Chris Nelson

Lynn O’Mealia

Carolen Amarante

Bill Richardson

Denise Boughton