Page 6 THE VILLADOM TIMES II • July 15, 2009 Ridgewood Ridgewood resident Boyd Loving was surprised when the Ridgewood Village Council left a $500,000 bond vote intact after he had pointed out at a previous meeting that $250,000 of the money had been dedicated to pay for a portion of a project that had already been dropped. “You’re going to go for the $500,000?” Loving asked as the council adopted an ordinance he had criticized last month. The measure appropriated $250,000 to install lighting fixtures in tree wells in the East Ridgewood Avenue shopping district – an appropriation that had been left in place even after the plans to install the lights were dropped. Confirming that the $250,000 of fiscal fat that Loving had detected in the ordinance was being approved, Mayor David Pfund said the money had been left in place to cover any contingencies that cropped up during the project, and that any money left over once the project is completed will be used to pay debt service in the municipal budget. The language of the ordinance stipulates: “Any additional balances remaining from Ordinance 3195 after the project has been completed will be cancelled and will pay debt service. In addition, no Resident cautions council: Don’t flaunt money debt from Ordinance 3195 will be issued until the project has been completed.” Loving said that letting contractors know that surplus funds for a specific project were readily available could be a tacit invitation to the contractors to seek change orders for additional payments. “To publicly advertise that you have extra money could not be prudent,” Loving told the council. Several council members nodded their agreement. The language of the ordinance adopted on July 9 acknowledged Loving’s disclosure about the internal surplus even as it was adopted: “…a member of the public suggested that the $250,000 appropriated for lighting in the tree wells on East Ridgewood Avenue be taken out of the ordinance, since this is no longer part of the project. Since that time, the village council has been made aware of additional money needed for conduit and traffic control officers for the project, in the amount of approximately $125,000. The bond attorney has been contacted and has approved appropriating the $125,000 for the additional conduit and traffic control officers out of Ordinance 3195. The additional $125,000 which remains in this bond ordinance in case will be kept in the ordinance in case additional unforeseen issues occur in this project which requires additional funding. This will allow the project to be completed on schedule, which is September 2009.” The eagle has landed David Bolger donated this eagle, formerly displayed at McHugh’s Clothing Store, to the Ridgewood Library, where is now graces the staircase to the third floor. �������������������������������� ������������ ��������������������������������������������� ���������������� ��������������������� ������������������� ��������������� ��������������������������������������������� ������������������ ��������������������� ���������������������� �������������� ����������������������������� ������������������������� ��� ��� �� ������ �� ����������� �������� ����� ������� ���������������������������� ���������������������������� ���������� ����������������������� ���������������� � �������������� �������� �������������� �� ������ �� ��������������������������� ������������������ ����������������� ���� ��� ����������������� ����������������������������������� ������������������������������������� �� �����������������������������������