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Members of City Council - Sea Isle City

During the  October  25  City  Council  meeting,  Sea  Isle’s  Chief  Financial  Officer  Paula Doll updated  Council  on  a  recent  $20  million  bond  sale.  The  bond  sale  was  good financial news  for  Sea  Isle  City.  Standard  and  Poor’s  upheld  the  City’s  “AA”  Rating,  which resulted  in  five  active  bidders.   Ultimately  the  bonds  were  awarded  to  Bank  ofAmerica Merrill Lynch, as they bid the lowest net interest rate of 2.732%.

All of the Resolutions on the October 25 Consent Agenda were approved, including:

  • Resolution 208, which authorized the award of a contract for road repairs on 36th and 37 Streets (Landis Avenue to Cini Avenue).
  • Resolution  211,  which  authorized  the  approval  of  a  BINGO  application  for  the Sea Isle City Italian-American Club.
  • Resolution  212,  which  memorialized  the  settlement  of  a  lawsuit  titled  “Sea  Isle City Retirees v. Sea Isle City” in Cape May County Superior Court.

Also on  October  25,  City  Council  hosted  a  Capital  Fund  Workshop  at  1:00  p.m.  in Council Chambers that was open to the public.

City Council’s next meeting will take place on Tuesday, November 15 at 10:00 a.m. in Council Chambers.

Best regards from the members of City Council,

Council President Bill Kehner (wkehner@seaislecitynj.us)

John Divney (jdivney@seaislecitynj.us)

Frank Edwardi (fedwardijr@seaislecitynj.us)

Jack Gibson (jgibson@seaislecitynj.us)

Mary Tighe (mtighe@seaislecitynj.us)