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PUBLIC NOTICES OF THE BOROUGH OF LAVALLETTE


BOROUGH OF LAVALLETTE

COUNTY OF OCEAN

Bond Ordinance No. 2010-2 (1074)

NOTICE OF PENDING BOND ORDINANCE

The bond ordinance, the summary terms of which are included herein, was introduced and passed upon first reading at a meeting of the governing body of the Borough of Lavallette, in the County of Ocean, New Jersey, held on August 30, 2010. It will be further considered for final passage after public hearing thereon, at a meeting of said governing body to be held in the Borough Hall, 1306 Grand Central Avenue, Lavallette, New Jersey, on September 13, 2010, at 7:00 p.m., or as soon thereafter as said matter can be reached, at which time and place all persons who may be interested therein will be given an opportunity to be heard concerning the same.

A copy of this ordinance has been posted on the bulletin board upon which public notices are customarily posted in the Municipal Complex of the Borough during the week prior to and up to and including the date of such meeting; copies of the ordinance are available to the general public of the Borough who shall request such copies, at the office of the Municipal Clerk in said Borough of Lavallette, in the County of Ocean, New Jersey.  The summary of the terms of such bond ordinance follows:

Title:     BOND ORDINANCE PROVIDING FOR ROAD IMPROVEMENTS TO NEW BRUNSWICK AVENUE, AND APPROPRIATING $200,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $50,000 BONDS AND NOTES TO FINANCE A PORTION OF THE COSTS THEREOF, AUTHORIZED IN AND BY THE BOROUGH OF LAVALLETTE, IN THE COUNTY OF OCEAN, NEW JERSEY

Purpose(s):       Providing for Road Improvements to New Brunswick Avenue.
Appropriation: $200,000
Bonds/Notes Authorized: $50,000
Section 20 Costs: $50,000
Useful Life: 20 Years
Grant Funds: $150,000 from the New Jersey Department of Transportation

 CHRISTOPHER PARLOW,

Municipal Clerk

Borough of Lavallette

                         County of Ocean, New Jersey


ORDINANCE NO. 2010-16 (1088)

 ORDINANCE OF THE BOROUGH OF LAVALLETTE, COUNTY OF OCEAN, STATE OF NEW JERSEY, AMENDING AND SUPPLEMENTING CHAPTER 22, ENTITLED “DEFENSE AND INDEMNIFICATION” SO AS TO CREATE § 22-2(B) ADOPTING THE USE OF A NOTICE OF TORT CLAIMS FORM PURSUANT TO  N.J.S.A. 59:8-4 AND N.J.S.A.. 59:8-6.

 

        WHEREAS, the Legislature of the State of New Jersey has enacted legislation set forth in N.J.S.A. 59:8-4 and N.J.S.A.. 59:8-6, permitting the Borough of Lavallette to adopt a Notice of Tort Claim form:

       NOW, THEREFORE, BE IT ORDAINED by the Mayor and Council of the Borough of Lavallette that Chapter 22 of the Municipal Ordinances of the Borough of Lavallette entitled “Defense and Indemnification” is hereby amended and supplemented so as to create § 22-2(B)  which shall read in its entirety as follows:

Deletions are shown by strikethrough; additions are shown by underline.

§ 22-2 Tort Claims Act

 

(A)     Any defense and/or indemnification provided pursuant to this chapter shall be subject to the limitations and provisions of the New Jersey Tort Claims Act, N.J.S.A. 59:1-1 et seq.

(B)      The Borough Clerk shall make available a Notice of Tort Claim form to any member of the public seeking to file a Notice of Tort Claim against the Borough of Lavallette, its elected or appointed officials or employees pursuant to N.J.S.A. 59:8-4 and/or N.J.S.A. 59:8-6.  The Notice of Tort Claim shall be considered to be amended automatically and without further action in the event that N.J.S.A. 59:8-4 and/or N.J.S.A. 59:8-6 are amended by the New Jersey State Legislature, or a court of competent jurisdiction renders a decision adding to, subtracting from, amending or explaining the content thereof at any time.

       AND BE IT FURTHER ORDAINED, that

            (1)  If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid or unconstitutional by a court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portions hereof.

            (2)  All ordinances or parts of ordinances inconsistent herewith are hereby repealed.

            (3)  This Ordinance shall take effect immediately upon its enactment after second reading and publication as required by law.

NOTICE OF PENDING ORDINANCE

ORDINANCE NO. 2010-16 (1088)

 ORDINANCE OF THE BOROUGH OF LAVALLETTE, COUNTY OF OCEAN, STATE OF NEW JERSEY, AMENDING AND SUPPLEMENTING CHAPTER 22, ENTITLED “DEFENSE AND INDEMNIFICATION” SO AS TO CREATE § 22-2(B) ADOPTING THE USE OF A NOTICE OF TORT CLAIMS FORM PURSUANT TO  N.J.S.A. 59:8-4 AND N.J.S.A.. 59:8-6.

  

            The ordinance published herewith was introduced and passed upon first reading at a meeting of the governing body of the Borough of Lavallette, in the County of Ocean, State of New Jersey, held on the 30th day of August 2010. It will be further considered for final passage after the public hearing thereon, at a meeting of said governing body to be held in Borough Hall, 1306 Grand Central Avenue, Lavallette New Jersey on the 13th day of September 2010 at 7 pm or soon thereafter as said matter can be reached, at which time and place all persons who may be interested therein will be given an opportunity to be heard concerning the same.

 

            A copy of this ordinance has been posted on the bulletin board upon which public notices are customarily posted in the Borough Hall of the Borough during the week prior to and up to and including the date of such meeting; copies of the ordinance are available to the general public of the Borough who shall request such copies, at the office of the Municipal Clerk in said Borough of Lavallette, in the County of Ocean, New Jersey

 

                                                                        CHRISTOPHER F. PARLOW

                                                                        Municipal Clerk

 


 NOTICE OF SALE

BOROUGH OF LAVALLETTE

(Ocean County, New Jersey)

$2,621,429 BOND ANTICIPATION NOTES, SERIES 2010A

(Bank Qualified)

Bids are being solicited through a fair and open process in accordance with N.J.S.A. 19:44A-20.5 for the purchase of $2,621,429 Bond Anticipation Notes, Series 2010A (the “Notes”) of the Borough of Lavallette, in the County of Ocean, New Jersey.  All bids will be publicly opened and announced at the Office of the Chief Financial Officer on Thursday, September 2, 2010, at 11:30 a.m., prevailing local time (“Sale Date”). 

No telephone bids will be accepted.  Bids must be received by 11:30 a.m. on the Sale Date, and may be submitted by completing the attached bid form and submitting to the address and/or fax number shown on the bid form.  Sealed bids are encouraged, but faxed bids will be accepted provided they comply with the conditions stated herein.  If a bidder wishes to transmit its bid by fax, it must be accompanied by a cover sheet stating clearly “BIDS FOR NOTES”, and such bidder hereby acknowledges that such faxed bid will not be reviewed by the Borough until the public opening of the bids as aforesaid.  This Request for Bid has been posted on the Borough of Lavallette’s website (www.lavallette.org).

Each bid must offer to purchase the entire Note issue being offered at no less than par plus accrued interest and must specify a single rate of interest per annum offered for the Notes.  The Borough Chief Financial Officer will evaluate the bids on the basis of the lowest net interest cost to the Borough.  Award of the Notes to the bidder proposing the lowest net interest cost or rejection of all bids will be made by 2:00 p.m. on the Sale Date.  As between bidders specifying the same lowest net interest cost, the Notes will be sold to the bidder selected by lot from among all such bidders.  The Borough reserves the right to reject all bids. 

The successful bidder is advised of the responsibility to file an annual disclosure statement on political contributions with the New Jersey Election Law Enforcement Commission pursuant to N.J.S.A. 19:44A-20.13 (P.L. 2005, c.271, s.3) if the successful bidder receives contracts in excess of $50,000 from public entities in a calendar year.  It is the successful bidder’s responsibility to determine if filing is necessary.  Additional information on this requirement is available from ELEC at 888-313-3532 or at www.elec.state.nj.us.


SPECIFICATIONS OF NOTES

Principal Amount:                    $2,621,429 Bond Anticipation Notes, Series 2010A

Dated Date:                             September 10, 2010

Maturity Date:                          September 9, 2011

Interest Rate per Annum:        Specified by successful bidder, payable at maturity

Denominations:                       $100,000 each or any integral multiple thereof (one piece in the amount of $121,429)

Legal Opinion:                         Dilworth Paxson LLP, Neptune, New Jersey, Bond Counsel

Closing:                                    September 10, 2010, at the Borough offices or elsewhere, as agreed to with the successful bidder.

Payment:                                  Immediately available funds

 

The Notes are issued pursuant to the laws of the State of New Jersey, including the Local Bond Law, to finance various general municipal improvements.

The Notes shall be general obligations of the Borough and to the extent the Notes are not paid from other sources, the Borough is obligated to levy ad valorem taxes upon all the taxable real property therein for the payment of the debt service on the Notes without limitation as to rate or amount.  The Notes will mature without option of prior redemption, will be issued in bearer form without coupons, will be registrable as to both principal and interest, payable at maturity in lawful money of the United States of America, and interest will be calculated on the basis of a 30 day month/360 day year.  The Notes will be designated “Qualified Tax-Exempt Obligations” for purposes of Section 265(b)(3) of the Internal Revenue Code of 1986, as amended.

An Official Statement has not been prepared by the Borough in connection with the issuance of the Notes; however, for purposes of Securities and Exchange Commission Rule 15c2-12, please note the exemptions therefrom, particularly paragraph (d)(1) of the Rule for issues in authorized denominations of $100,000 or more and which are sold to no more than thirty-five (35) persons each of whom the Purchaser reasonably believes (i) has such knowledge and experience in financial and business matters that it is capable of evaluating  the merits and risks of the Notes and (ii) is not purchasing for more than one account or with a view to distributing the securities.  The Purchaser will be required to certify to the matters referred to in the preceding sentence at closing.

The obligations hereunder to deliver and to accept the Notes shall be conditioned on the availability and delivery at the time of delivery of the Notes of (a) the approving legal opinion of the law firm of Dilworth Paxson LLP, Neptune, New Jersey (“Bond Counsel”), which will be furnished without cost to the successful bidder, to the effect that the Notes are valid and legally binding obligations of the Borough of Lavallette, New Jersey, payable in the first instance from bonds in anticipation of which the Notes are issued, but if not so paid or if not paid from other sources, payable ultimately from ad valorem taxes which may be levied on all the taxable real property in the Borough without limitation as to rate or amount, and that interest on the Notes is excluded from gross income for Federal tax purposes under current law if the Borough complies with all conditions subsequent contained in the Internal Revenue Code of 1986, as amended (the “Code”), except to the extent that interest on the Notes held by a corporate taxpayer is included in the relevant income computations for calculation of the corporate alternative minimum tax and that interest on the Notes and any gain on the sale thereof are not includable as gross income under the present New Jersey Gross Income Tax Act; (b) certificates in form satisfactory to Bond Counsel evidencing the proper execution and delivery of the Notes, the receipt of payment therefor and the compliance with the requirements of the Code necessary so that the Notes will not be arbitrage obligations within the meaning of the Code; and (c) a certificate, in form and tenor satisfactory to Bond Counsel and dated as of the date of such delivery, to the effect that there is no litigation pending or (to the knowledge of the signer or signers thereof) threatened affecting the validity of the Notes.

If the Notes are reoffered to the public, the purchaser thereof is required to certify the reasonably expected reoffering price, yield, net interest cost and true interest cost for the Notes and CUSIP identifications numbers, if any, therefor prior to the Closing on the Notes.

Additional information concerning the Borough of Lavallette and the Notes is available by contacting the Borough Chief Financial Officer, Michele Burk, at (732) 793-7477 or Kerry J. Morgan, Esq., Dilworth Paxson LLP, Bond Counsel, at (732) 378-6900.

BOROUGH OF LAVALLETTE, IN THE COUNTY OF

OCEAN, NEW JERSEY

/s/ Michele Burk______                

MICHELE BURK,

Chief Financial Officer

DATED: August 27, 2010


 

September 2, 2010

Ms. Michele Burk

Borough Chief Financial Officer

BOROUGH OF LAVALLETTE

1306 Grand Central Avenue

Lavallette, New Jersey 08735

 

FAX 732-830-8248

RE:     BID FOR $2,621,429 BOND ANTICIPATION NOTES, SERIES 2010A

Dear Ms. Burk:

Subject to the provisions of the Request for Bids dated August 27, 2010, relating to $2,621,429 Bond Anticipation Notes, Series 2010A dated September 10, 2010 and due September 9, 2011, that is made a part hereof, we offer to purchase the Notes described therein as follows:

Interest Rate Per annum                                                            %

Amount of Notes Bid for                      $2,621,429                   

Price of Notes Bid for   $

(at no less than par)                                                                 

Net Interest Cost                    $                        /                       %

(please specify in both

dollars and percent)

and, in addition thereto, to pay interest accrued from the Dated Date of the Notes to the date of delivery, if Closing shall occur subsequent to the Dated Date.

 

___________________________

Signature of Authorized Officer

_______________________________

Name of Bidder

_______________________________

Address of Bidder

_______________________________

Telephone Number


BOROUGH OF LAVALLETTE
PUBLIC NOTICE
NOTICE OF EMERGENCY MEETING PURSUANT TO THE OPEN PUBLIC MEETING ACT

PUBLIC NOTICE IS HEREBY GIVEN that the Mayor and Council of the Borough of Lavallette in accordance with the provisions of the “Open Public Meetings Law” P.L. 1975, Chapter 231 was required to hold an Emergency Meeting on Friday, July 30, 2010 at 10:30 am due to an emergent situation that had risen.  This emergency was the only subject on the agenda which was to approve a resolution for the retention of experts to assist in the emergency environmental cleanup which is required because of a transformer being damaged at 3-5 President Avenue.  Adequate notice could not be made for an alternate meeting date in order to meet this matter of urgency and importance to protect the public.

  BY ORDER OF THE MAYOR AND COUNCIL
CHRISTOPHER F. PARLOW
ADMINISTRATOR/MUNICIPAL CLERK
BOROUGH OF LAVALLETTE


Notice of mailing address change.

The Borough of Lavallette mailing address changed to 1306 Grand Central Avenue.

All Bill Pay Payments Need To Be Corrected To Reflect the Address Change,
and update your account number!


Electric Rates

Electric Page

Schedule of rates per billing unit
ORDINANCE NO. 2010-05 (1077)

October 1st - May 31st

Base Rate:

$14.75 per month

Residential

$0.11550 /KWH

Residential
Total Electric

(0-300 KWH/MO)  $0.11550 /KWH
(Over 300KWH/MO)  $0.11175 /KWH

General Service

$0.13050 /KWH

June 1st- September 30th

Base Rate:

$14.75 per month

Residential

$0.14250 /KWH

Residential
Total Electric -

$0.14250 /KWH

General Service

$0.15750 /KWH

Remittance Address:

Borough of Lavallette
Electric Utility
1306 Grand Central Avenue
Lavallette, NJ 08735


Water and Sewer Rates

Water and Sewer Page

Residential Water /Sewer per unit charge
Water Minimum: $15.00/Quarter per unit
5,000 Gallon Quarterly Allowance
Water Excess: $3.00/1,000 Gallons
Over 5,000 Gallons Per Quarter
Water Surcharge: $40.00/Quarter per unit
Sewer Minimum: $69.00/Quarter per unit
5,000 Gallon Quarterly Allowance

Sewer Excess: $4.25/1,000 Gallons
Over 5,000 Gallons Per Quarter
 Capital Infiltration: $75.00 Per Quarter Per Lot
Nonresidential unit: Each nonresidential user having estimated or actual water consumption for the year prior to the billing period of 72,000 gallons or less. If the estimated or actual usage is in excess of 72,000 gallons per year, the number of units shall be determined by dividing the actual or estimated usage by 72,000 gallons and the number of units shall be a quotient thereof rounded to the next highest whole number.
IF BILL NOT PAID BY DUE DATE, INTEREST AT 18% PER ANNUM. DISREGARD BALANCE FORWARD IF PAYMENT HAS BEEN MADE. SERVICES IN ARREARS OVER 30 DAYS ARE SUBJECT TO TERMINATION.

 

Water and Sewer Bills Printed with an Incorrect Balance Forward
We are currently working with our software vendor to determine a fix to this issue. Any overpayments will be applied to your next bill. Sorry for any confusion this may have caused.


Energy Rebate Information

Lavallette Electric Customers Qualify For Rebates From New Jersey Clean Energy Program Through ARRA For A Limited Time. Current funding is set to expire in September of 2010.

NJ Clean Energy

New Jersey's Clean Energy Program – recognized as a national model – is a statewide program that offers financial incentives, programs and services for New Jersey residents, business owners and local governments to help them save energy, money and the environment.  More info

As part of federal funding from the American Recovery and Reinvestment Act (ARRA), the Board of Public Utilities has expanded eligibility for New Jersey’s Clean Energy Program™. Residents, businesses and local governments with oil or propane heating systems and customers of municipal electric utilities and rural electric cooperatives now have the opportunity to receive incentives from the following programs.  More information for New Jersey residents may be found online at NJCleanEnergy.com/arra, and information for commercial and industrial businesses and local governments may be found at NJCleanEnergy.com/noniou.

· COOLAdvantage The ARRA funding provides rebates for the replacement of existing equipment with high efficiency home cooling systems in existing homes.  Municipal and co-op electric customers will now have the opportunity to receive up to $400 in incentives.

· WARMAdvantage ARRA funding provides rebates up to $300 for the replacement of existing equipment with high efficiency home heating systems and/or water heaters in existing homes of current New Jersey residential propane and oil customers.

· ENERGY STAR® Appliance Rebates Receive rebates for purchasing select ENERGY STAR qualified clothes washers, dishwashers, and refrigerators from July 1, 2010 through August 31, 2010.

· Refrigerator/Freezer Recycling Program Beginning July 1, 2010, customers taking advantage of the ARRA incentives on the purchase of new ENERGY STAR qualified refrigerators may also take advantage of the Refrigerator/Freezer Recycling program. A $50 rebate will be available to New Jersey residents who recycle their old, working refrigerators through New Jersey's Clean Energy Program.  Offer is valid August 31, 2010 or while funding lasts.  Customers may call 877-270-3520 for more information.

· Home Performance with ENERGY STAR If you are a customer of a private municipal electric company and/or use oil or propane as heating fuel, you may be eligible to participate in the Home Performance with ENERGY STAR program, which offers whole house solutions to reduce both your energy costs and carbon footprint.  Learn how to save up to 30% on energy costs and increase the comfort, safety, and durability of your home.

· SREC Registration Program (SRP) All solar project owners installing electrical distribution grid-connected solar electric projects in New Jersey are eligible to generate SRECs.

Due to the limited availability of ARRA funds, the expanded eligibility to municipal, co-op electric, and oil and propane customers for the COOLAdvantage, WARMAdvantage and Home Performance with ENERGY STAR programs will terminate on December 31, 2010 or earlier if ARRA funds are exhausted before that date.

 Please visit NJCleanEnergy.com or call 866-NJSMART for more information about these programs.

 


Borough of Lavallette “Autopay”

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