Ho-Ho-Kus Recognizes Pride Month, Announces $4.2 Million Housing Bond

In a recent municipal meeting, the Borough of Ho-Ho-Kus, New Jersey made significant strides toward acknowledging diversity, progressing local infrastructure, and addressing housing matters. Led by Mayor Thomas W. Randall, the council formally recognized June 2023 as LGBTQ+ Pride Month and discussed essential issues such as a $4.2 million housing bond, an administrative order for a Water Filtration System Project, and property acquisitions including the Bank of America building and the library property.

Mayor Randall commenced the meeting by endorsing the LGBTQ+ community with the proclamation of Pride Month. This act reflects the council’s ongoing commitment to acknowledging and supporting the diverse residents of Ho-Ho-Kus, a small but vibrant borough in Bergen County.

Major strides were made in the area of local infrastructure. The Council discussed the ongoing Water Filtration System Project. The project now necessitates Mayor Randall to sign an Administrative Consent Order from the New Jersey Department of Environmental Protection (NJDEP) for completion by May 15, 2024. The project is a pivotal step in enhancing the borough’s water services and providing reliable and clean water to its residents.

The Council’s focus then shifted to a substantial financial discussion. The borough has decided to renew a Bond Anticipation Note for $4,242,000, with a 3.78% interest rate. This bond will fund a new housing project near the train station, providing a potential boost to the local economy and offering more residential options for the growing community. This measure underscores the council’s efforts to address housing needs.

Additionally, new developments were announced regarding the borough’s property assets. The council confirmed the purchase of the Bank of America building and the acquisition of a clear title to the library property. These actions will allow for an expansion of public services and ensure that Ho-Ho-Kus’s properties are effectively utilized for the benefit of the community.

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