NOTICE IS HEREBY GIVEN to the residents of the Township of Mount Laurel, County of Burlington, State of New Jersey that the Board of Fire Commissioners of Mount Laurel Township Fire District #1 will conduct a Special Election of the legal voters of the Township of Mount Laurel on:
MONDAY, NOVEMBER 19, 2018
The polls shall be open from 6:00 PM till 9:00 PM and as much longer as necessary to permit all legal voters then present to vote by casting their ballots. The Special Election will be held at a following polling place:
69 ELBO LANE
MOUNT LAUREL, NJ 08054
At this Special Election, the following question will be submitted to the legal voters:
BALLOT PROPOSAL #1
2019 PURCHASE OF COMMAND VEHICLE
Shall the Fire District be authorized to acquire two (2) new command vehicles through the use of fire district capital reserve funds, for a purchase price not to exceed $90,000?
This Proposal permits the Fire District to purchase two (2) new command vehicles through the use of fire district capital reserve funds – which have been previously approved for the use for capital expenses, for the total purchase price not to exceed $90,000. This is necessary as part of a vehicle replacement program to ensure that the department maintains a fleet of vehicles to ensure reliable service delivery to our community. The vehicles that are being replaced serve as frontline duty supervisor vehicles and were purchase in 2009. These vehicles will be roughly 10 years old at time of replacement.
BALLOT PROPOSAL #2
2019 NEW APPARATUS CAPITAL LEASE PROPOSAL
Shall the Fire District be authorized to acquire up to three (3) new fire apparatus and finance this acquisition through a Capital Lease of not more than ten (10) years for an amount not to exceed $3,000,000?
This Proposal permits the Fire District to enter into a Capital Lease for up to three (3) new fire apparatus for a term of not more than ten (10) years at an aggregate purchase price for the new fire apparatus that can total no more than $3,000,000. The apparatus that are being replaced serve as frontline fire suppression vehicles and were purchased in 2001. These vehicles will be roughly 20 years old at time of replacement.
It is the intent of the Board of Fire Commissioners to enter into a two year deferred payment program utilizing capital reserve funds making a payment in 2021 and rolling over debt service that expires in 2021 to make the balance of the payments. The terms of financing will be structured as not to increase the amount of the retired debt service in terms of aggregate or annual payment amounts.