Proposals are being solicited for the above issue of $576,000 Bond Anticipation Notes (the “Notes”) for the purchase at not less than the par amount of the Notes through a fair and open process in accordance with N.J.S.A. 40A:2-28. All bids will be publicly opened and announced at the Borough of South Bound Brook, in the County of Somerset, New Jersey (the “Borough” or the “Issuer”) at the 12 Main Street, South Bound Brook, New Jersey 08880 on Wednesday, December 6, 2017, until 11:00 a.m.
NJDOT is scheduled to perform “High Priority Structural Repairs” to the (Main Street) Queens Bridge (CR 527) over the D&R Canal in South Bound Brook on or about September 8, 2017. The repairs will take approximately two months and will require the full closure of the bridge.
The pedestrian walkway will be open during construction and allow for safe passage for pedestrians walking across the bridge.