27 June, 1986
Bonds proposed for equipment
Additional equipment for the Princeton Public Works and Fire departments is allocated under three bond ordinances introduced by the Borough Council on Tuesday.
One measure sets aside $133,000 for a variety of public works equipment including two pickup trucks, various garage equipment and tools, trash cans. and renovation of Public Works’ of-fices. If approved next month, the borough will float a $126,350 bond and use $6,650 from the capital improvement fund to pay for the equipment.
Under a second bond ordinance, me borough would appropriate $42,000 for replacement of the floor at the Hook & Ladder Fix. Company and the purchase of various safety equipment. A $39,900 bond would be floated to meet those expenses and $2,100 taken from the capital improvement fund.
A new fire truck would be purchased for $210,000 with the help of a $200,003 bond issued under a third ordinance. The borough would also use $10,000 from the capital improvement fund for the new truck.
Since the Princeton fire Department is operated jointly between the borough and Princeton Township. the two latter bond ordinances stipulate that the township will reimburse the borough for 63 percent of the actual cost of purchasing the new fire truck and equipment.
All three bond ordinances are scheduled for public hearing and possible final adoption by the council July 8 at 8 pm. in Borough Hall.