MANASQUAN — The borough council introduced a bond ordinance Tuesday night to provide funding for the proposed shared-services agreement with the Manasquan School District for a multi-purpose indoor athletic facility.
If adopted, the ordinance would appropriate $5,275,000 through the issuance of $5,020,000 in bonds or notes. The ordinance is scheduled for a public hearing and possible adoption at the next mayor-and-council meeting on Monday, March 1, at 7 p.m.
Council President Michael Mangan and councilmen Jeff Lee, Gregg Olivera and Jim Walsh unanimously voted in favor of the first reading. Councilmen Rich Read and Jay Bryant, who are employees of the school district, abstained from voting.
Mayor Ed Donovan explained to the public that Tuesday night’s vote does not put the ordinance into effect, but allows the borough to move forward. Borough Attorney Mark Kitrick added that, if approved, a shared-services agreement would be needed.
The borough is also still awaiting the results of a survey mailed out by the school district to Manasquan residents and registered voters on Friday, Feb. 12.
The goal is to provide the borough council with “additional information on the opinions of residents regarding this project,” the survey states.
The sole question on the survey asks: “Do you support the Board of Education’s initiative to refinance existing and future debt through a shared services agreement with the Borough of Manasquan?”
The survey is due by Friday, Feb. 19 at 4 p.m.; it can be submitted online at www.manasquanschools.org/survey using the unique ID and pin provided on each form mailed to Manasquan residents.
For those unable to complete the survey online, the paper survey may be filled out and placed in one of three drop boxes that will be located at the main entrances of Manasquan High School, Manasquan Elementary School and the Manasquan Board of Education office.
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