Municipality of Princeton Mayor and Council Meeting Agenda 2026-05-26
$6.9M Bond Sale Approved to NJ Infrastructure Bank
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Description
The Municipality of Princeton Council approved the sale of bonds not exceeding $6,934,000 to the New Jersey Infrastructure Bank for the Transportation Infrastructure Financing Program. This resolution also authorizes the execution of related agreements.
Contract Details
Contract Amount
Not Exceeding $6,934,000
Vendor
NEW JERSEY INFRASTRUCTURE BANK
Agency
Princeton, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Renewal Info
No explicit renewal or extension terms provided. Agreement may continue if program allows for additional tranches.
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