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BOND ORDINANCE STATEMENT AND SUMMARY

ORDINANCE 26-05

The bond ordinance, the summary terms of which are included herein, has been finally adopted by the Borough Council of the Borough of Elmwood Park, in the County of Bergen, State of New Jersey, on March 19, 2026, and the 20-day period of limitation within which a suit, action or proceeding questioning the validity of such ordinance can be commenced, as provided in the Local Bond Law, has begun to run from the date of the first publication of this statement by its posting on the Borough's official Internet website. Copies of the full ordinance are available, at no cost and during regular business hours, at the Clerk's office for members of the general public who request the same. The summary of the terms of such bond ordinance follows:
Title: BOND ORDINANCE TO AUTHORIZE THE IMPROVEMENT OF GARDEN DRIVE IN, BY AND FOR THE BOROUGH OF ELMWOOD PARK, IN THE COUNTY OF BERGEN, NEW JERSEY, TO APPROPRIATE THE SUM OF $340,000 TO PAY THE COST THEREOF, TO MAKE A DOWN PAYMENT, TO APPROPRIATE A FEDERAL GRANT, TO AUTHORIZE THE ISSUANCE OF BONDS TO FINANCE SUCH APPROPRIATION AND TO PROVIDE FOR THE ISSUANCE OF BOND ANTICIPATION NOTES IN ANTICIPATION OF THE ISSUANCE OF SUCH BONDS.

Purpose(s): Improvement of Garden Drive, including road resurfacing, construction of ADA compliant sidewalk ramps and drainage, curb and sidewalk improvements, where necessary, in, by and for the Borough.

Appropriation: $340,000
Bonds/Notes Authorized: $191,600
Grants (if any) Appropriated: $138,790
Section 20 Costs: $60,000
Useful Life: 10 years

 Borough of Elmwood Park
Shanee Morris, RMC, CMR
Borough Clerk

The wait is over, Appraisal Systems, INC. (ASI) has completed and mailed the 2026 new property assessment letters so you should be receiving yours soon. If you have questions about your new assessment as well as the revaluation process now is time to contact ASI.

You may call to schedule an appointment with representatives from Appraisal Systems, INC (ASI) by phone by calling them at 201-493-8530, Monday through Friday between the hours of 10 AM to 4PM.

For your convenience, you may also schedule your appointment online at www.asinj.com/scheduling.htm. 24 hours a day/7 days a week.

Appointments with ASI can either be in person at Borough Hall, virtual or by calling in.

The Borough of Elmwood Park was ordered to conduct a mandatory revaluation by the NJ State Division of Taxation. The Borough has contracted with ASI and has met all statutory requirements during the process. When completed, the result will be a uniform ratable base ensuring that all assessments are fair and equitable.

The Elmwood Park revaluation is revenue neutral and the outcome will result in uniformity across all properties. Thank you for your cooperation during this process.

Review, Discussion & Action anticipated as to Elmwood Park’s First Amendment, Fourth Round Housing Element & Fair Share Plan.  Said plan is available through the borough public website ( www.elmwoodparknj.us)

Dear Elmwood Park Residents,

It is with great disappointment that I report that after consulting with the Veteran’s Committee, we have no other choice but to cancel this years Memorial Day Parade. As it stands, the Governor’s Executive Order would make it impossible to have an event such as a parade.

Our plan is to have some sort of organized ceremony, once the Executive Order is lifted or relaxed, to honor our veterans, who bravely and honorably gave their lives for our great country.

On a more positive note, I have been collaborating with the Borough Administrator/Police Chief to formulate a plan to re-open our Borough Parks starting this Monday, May 4th.

We would have like to have had them open and ready for Saturday, but due to some logistical issues, it won’t be possible until Monday at around noon.

In the meantime, our County Park, Artesian Fields is open, effective Saturday, as per the Governor’s order.

Please do your best to enjoy what appears to be a beautiful weekend, weather-wise.

Stay safe and God Bless you and your family.

Mayor Robert Colletti

http://www.njcleanenergy.com/recycle

Dear Elmwood Park Residents,

We would like to share some information regarding unemployment benefits and stimulus payments. Please see updates below:

$600 Federal Pandemic Unemployment Compensation (PUC)

* If you are currently collecting unemployment: Residents already collecting unemployment will begin to see their $600 supplemental unemployment benefit arrive April 14 (for the week of March 29th). It will be a separate payment from your regular unemployment benefit, and will continue through July 25.

* New filers: You also will be eligible for the additional $600/week; it will be retroactive to the week of March 29th.

Freelancers, gig workers, independent contractors: While we wait for federal guidelines, we encourage you to apply for unemployment now. Your claim likely will be denied, but your ineligibility for regular unemployment is a prerequisite for receiving benefits due to COVID-19. Additional details will be posted online as they become available. Please visit myunemployment.nj.gov.

Stimulus Payments

Beginning April 14th, the government will send out the first economic stimulus checks of up to $1,200 to eligible taxpayers, beginning with people who have direct deposit set up with the IRS. You'll be able to track your payment with the IRS, through a tool called Get My Payment that the agency will have on its website this week, the IRS.

The IRS will turn on an online tracking tool called Get My Payment by April 17. This online tracking portal will show the status of your payment, including the date it's scheduled for deposit into your bank account, or mailed out to you.