Township of New Hanover, PA
Montgomery County
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Table of Contents
Table of Contents

§ B-101 Bond Issues and Loans.

Ord./Res.
Date
Subject
Ord. 75-2
5/15/1975
Authorizing the increase of a nonelectoral debt of the Township in the amount of $225,000 for the purpose of constructing a municipal building
Ord. 77-1
10/12/1977
Authorizing the increase in the indebtedness of the Township in an amount of $50,000 for sundry purposes
Res. 20-80
6/25/1980
Authorizing that the New Hanover Township Municipal Authority apply to National Bank of Boyertown for the amount of $8,000 in bonds
Ord. 80-6
7/22/1980
Authorizing the increase in the indebtedness of the Township in an amount of $3,055,000 for the purpose of constructing sanitary sewage treatment processes
Res. 10-84
4/25/1984
Authorizing the Township to advertise legal notice of its intent to adopt Ord. 84-2 to authorize and permit nonelectoral borrowing in the sum of $50,000 for the purpose of providing funds for the installation of sewer laterals and attachment to mains and costs of financing
Ord. 84-2B
5/9/1984
Authorizing the increase in the indebtedness of the Township in an amount of $50,000 for the purpose of providing funds for the installation of sewer laterals
Res. 1-86
1/6/1986
Authorizing the borrowing in anticipation of current taxes and revenues and the issuance of a tax and revenue anticipation note in the amount of $100,000
Res. 6-90
1/11/1990
Authorizing the issuance of a tax and revenue anticipation note in the amount of $325,000
Res. 72-90
1/2/1991
Authorizing the temporary indebtedness of the Township in the amount of $325,000 for general operating expenses in anticipation of receipt of taxes
Ord. 91-4
9/9/1991
Authorizing the issuance of a general obligation note in the amount of $96,000 for the purpose of providing funds for and toward the acquisition of real estate to be used for municipal recreation
Res. 1-92
1/2/1992
Authorizing the issuance of a tax and revenue anticipation note in the amount of $475,000
Res. 53-92
12/28/1992
Authorizing the issuance of a tax and revenue anticipation note in the amount of $375,000
Res. 15-93
4/12/1993
Authorizing the Township to borrow $27,000 from the National Bank of Boyertown for the purpose of purchasing police vehicles
Ord. 93-4
5/10/1993
Authorizing the incurring of a nonelectoral debt in the amount of $27,000 for the purpose of providing funds for the acquisition of 2 motor vehicles to be used for municipal police services
Res. 48-93
12/20/1993
Authorizing the Township to make application for a low interest loan under the Local Government Capital Projects Loan Program in the amount of $30,000
Res. 49-93
12/20/1993
Authorizing the issuance of a tax and revenue anticipation note in the amount of $350,000
Ord. 94-3
5/23/1994
Authorizing the Township to issue its general obligation bonds, series of 1994 in the aggregate principal amount of $1,770,000 for the purpose of advance refunding the Authority's Guaranteed Sewer Revenue Bonds
Res. 28-94
6/28/1994
Authorizing the Township to issue its general obligation bonds, series of 1994 in the aggregate principal amount of $1,770,000 for the purpose of advance refunding the Authority's Guaranteed Sewer Revenue Bonds - Series of 1991 dated July 1, 1991
Res. 44-94
12/19/1994
Authorizing the issuance of a tax and revenue anticipation note from the general fund in the amount of $325,000
Res. 36A-95
9/23/1995
Authorizing the incurring of a nonelectoral debt through the issuance of a general obligation note in the amount of $35,861 in the anticipation of taxes and revenues
Res. 35-95
9/25/1995
Authorizing the Township to make application to the Montgomery County Infrastructure Loan Program in the amount of $596,981 to provide for improvement, expansion and reconstruction of certain public roads within the Township
Res. 49-95
12/18/1995
Authorizing the borrowing in anticipation of current taxes and revenues and the issuance of a tax and revenue anticipation note from the general fund in the amount of $300,000 from First Valley Bank
Res. 9-96
5/13/1996
Authorizing the advertising of a legal notice of the intent of the Board of Supervisors of the Township to consider for adoption an ordinance authorizing and permitting nonelectoral borrowing in the amount of $80,000 for the purpose of acquiring real property to be dedicated to open space, parks and recreation use and activity
Ord. 96-11
12/16/1996
Increasing the nonelectoral indebtedness of the Township by the issuance of a $314,230 general obligation note for the purpose of financing construction and reconstruction of various Township bridges and construction and improvement of stormwater drainage systems
Res. 9-98
2/9/1998
Authorizing and permitting nonelectoral borrowing of $86,500
Ord. 98-1
2/23/1998
Increasing the nonelectoral indebtedness by the issuance of a $86,500 general obligation note for financing certain capital projects
Ord. 98-10
11/23/1998
Authorizing the incurring of nonelectoral debt by the issuance of a guaranteed revenue note, Series of 1998, in the principal amount of $7,500,000 for the purpose of financing improvements to the sewer system
Res. 78-98
11/23/1998
Increasing the nonelectoral indebtedness by the issuance of a promissory note in the sum of $42,964, for the purpose of acquiring a 1999 International truck with a 9 foot Heil dump body
Res. 87-98
12/14/1998
Authorizing the increasing of temporary indebtedness in the aggregate principal amount of $200,000, for the purpose of providing funds for current operating expenses
Ord. 99-1
3/29/1999
Authorizing the issuance of 1 or more series general obligation bonds in the aggregate principal amount of $1,920,000, for the purpose of financing various specified projects
Res. 25-99
8/9/1999
Authorizing the nonelectoral borrowing of $80,000 for the purpose of reimbursing the Township for funds expended for the acquisition of real property for open space and for future open space acquisitions
Res. 51-99
12/13/1999
Authorizing the temporary indebtedness of $175,000 in anticipation of taxes, State subsidies and reimbursements and other current revenues
Res. 46-00
12/11/2000
Authorizing the temporary indebtedness of $100,000 in anticipation of the receipt of taxes, State subsidies, reimbursement and other current revenues
Res. 14-01
6/11/2001
Increasing the nonelectoral indebtedness by the issuance of a promissory note in the amount of $25,000 for the purpose of acquiring a police vehicle
Ord. 02-03
11/22/2002
Authorizing the incurrence of lease rental debt pursuant to the execution and delivery of a guaranty agreement for the New Hanover Township Authority approving certain capital projects of the participant; approving the issuance and negotiated sale of the guaranteed sewer revenue note, series of 2002
Res. 33-10
8/9/2010
Authorizing New Hanover Township to release International Fidelity Insurance Company Performance Bond No. 0454548 for the Hawthorne Estates Subdivision upon completion of the work
Ord. 11-01
4/11/2011
Increasing the indebtedness of the Township, by the issue of a general obligation note in the amount of $3,000,000, for the acquisition of real property for the use by the Township as permanent open space
Ord. 15-02
11/23/2015
Authorizing the issuance of a promissory note in the amount of $46,973, borrowing from Montgomery County for certain capital projects
Ord. 17-02
2/27/2017
Authorizing the incurring of debt in the maximum principal amount of $2,000,000; such debt shall be incurred as lease rental debt to be evidenced by its guaranty, under a guaranty agreement, of a guaranteed sewer revenue note, series of 2017