![]() ![]() The $240,000 grant expected from the DOT will be dedicated toward these improvements. Of the planned improvements, $5.83 million ($5.32 million estimated in bonds or notes) will provide for road improvements, including but not limited to bituminous concrete overlay for various roads, the reconstruction (design) of Silvers Road, work on Iron Bridge Road and GIS (global information system) database upgrades, according to the ordinance. The remaining costs will be covered by a down payment of $385,500.Ī public hearing on the ordinance is scheduled for June 25 and committee members may adopt the ordinance that evening. ![]() Expected grants of $240,000 from the New Jersey Department of Transportation (DOT), $150,000 from Monmouth County and $12,000 from the Monmouth County Historic Commission will also support the improvements, according to the ordinance. ![]()
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