98-16 AUTHORIZING FIREWORKS AT MONTCLAIR GOLF CLUB AUTHORIZING FIREWORKS AT ROCK SPRING 2016.PDF RAFFLE LICENSES

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1 1. Conference Agenda Documents: CA PDF 2. Public Meeting Agenda Documents: PM PDF 3. Resolution(S) 3.I Documents: 2016.PDF AUTHORIZING FIREWORKS AT MONTCLAIR GOLF CLUB 3.II Documents: AUTHORIZING FIREWORKS AT ROCK SPRING 2016.PDF 3.III Documents: RAFFLE LICENSES PDF 3.IV Documents: REIMBURSEMENT STREET LIGHTING-PRIVATE COMMUNITIES.PDF, ATTACHMENT.PDF 3.V Documents: BERGEN COUNTY CO-OPERATIVE.PDF, AGREEMENT COOP-CK04-BERGEN COUNTY.PDF 3.VI Documents: COMBINING RESOLUTION 2016 BONDS V2.PDF 3.VII Documents: AUTHORIZING SUBORDINATION OF MORTGAGE - 25 WINDING WAY.PDF, EXHIBIT - 25 WINDING WAY.PDF 3.VIII Documents: AUTHORIZING IN REM TAX FORECLSOURE - SELECTO FLASH PROPERTIES.PDF, EXHIBIT A.PDF 4. Ordinance(S) On Second And Final Reading 4.I Documents: BUDGET CAP ORDINANCE 2016.PDF 4.II Documents: AMENDMENTS TO TOBACCO ORDINANCE - INCREASING AGE TO PURCHASE TOBACCO AND NDS TO 21.PDF 4.III Documents: E-CIGARETTE LICENSING ORDINANCE CHAPTER 12

2 SECTION 11.PDF

3 CONFERENCE MEETING AGENDA Council Chambers 66 Main Street, West Orange, NJ April 19, 2016 This is to inform the general public that this meeting is being held in compliance with Section 5 of the Open Public Meetings Act, Chapter 231, Public Law A notice of this meeting was mailed to the Star Ledger and the West Orange Chronicle on October 14, A notice of this meeting was also posted on the Bulletin Board in the Municipal Building, West Orange and filed in the office of the Municipal Clerk of the Township of West Orange on October 14, Roll Call Councilwoman Casalino, Councilman Guarino, Councilman Krakoviak, Councilwoman McCartney, Council President Cirilo (Mayor Parisi) =========================================================== 6:30 P.M Proclamation ADAPT - Alcohol and Drug Abuse Prevention Team Family MEAL Week - April 17, 2016 through April 23, 2016 Essex County Surrogate Theodore N. Stephens Essex County Surrogate's Court - Services and New Initiatives Council Liaison Announcements 7:00 P.M. Public Meeting Agenda is subject to change.

4 PUBLIC MEETING AGENDA-Amended Township of West Orange 66 Main Street 7:00 p.m. Tuesday, April 19, 2016 This is to inform the general public that this meeting is being held in compliance with Section 5 of the Open Public Meetings Act, Chapter 231, Public Law A notice of this meeting was ed to the Star Ledger and the West Orange Chronicle on October 14, A notice of this meeting was also posted on the Bulletin Board in the Municipal Building, West Orange and filed in the office of the Municipal Clerk of the Township of West Orange on October 14, Statement of Decorum In all matters not provided for in subsection and except upon consent of the Council President, each person addressing the Council pursuant to this subsection shall be required to limit his or her remarks to five (5) minutes, and shall at no time engage in any personally offensive or abusive remarks. The chair shall call any speaker to order who violates any provision of this rule. (1972 Code ) Roll Call Councilwoman Casalino, Councilman Guarino, Councilman Krakoviak, Councilwoman McCartney, Council President Cirilo (Mayor Parisi) 1. Pledge of Allegiance 2. Public Comment 3. *Consent Agenda 4. *Approval of Minutes of Previous Meeting April 5, 2016 Public and Executive Session Meeting 5. *Report of Township Officers-None 6. *Reading of Petitions and Communications and Bids- None 7. *Bills 8. *Resolutions a Resolution Permitting Display of Fireworks at Montclair Golf Club (Legal) This resolution permits the Montclair Golf Club to display fireworks on July 2, 2016 with a rain date of July 3, b Resolution Permitting Display of Fireworks at Rock Spring Club (Legal) This resolution permits the Rock Spring Club to display fireworks on July 2, 2016 with a rain date of July 3, c Resolution Authorizing the Issuance of Raffle Licenses (Clerk) d Resolution Authorizing the 2015 Reimbursement for Services to Private Communities Street Lighting (Lepore) e Resolution Authorizing the West Orange Township to Enter Into a Cooperative Pricing Agreement (DeSantis)

5 f Resolution Combining Bonds Aggregating the Principal Sum of $17,391,000 Authorizing by Twenty Seven Bond Ordinances Heretofore Adopted to Finance Part of the Cost of Various General Improvements in the Township of West Orange, County of Essex, New Jersey into One Consolidated Issue of Bonds and Providing for the Form, Maturities and Other Details of Said Consolidated Issue. (Legal-Galano) g Resolution Authorizing Subordination of Mortgage 25 Winding Way (Planning) This resolution authorizes the subordination of the Mortgage held by the Township of West Orange as part of the housing rehabilitation program allowing the owners to refinance the mortgage on the home. h Resolution Authorizing Foreclosure Under the In Rem Tax Foreclosure Act of 1948 as Amended and Establishing the Tax Foreclosure List of Liens to be Foreclosed This resolution authorizes the Township to commence in rem tax foreclosure proceedings for two properties owned by Selecto-Flash at 4 Tompkins Street and 18 Central Avenue. The passage of this authorizing resolution is a statutory prerequisite in order to redeem and foreclose on the tax certificates held by the Township. 9. Ordinances on Second and Final Reading a Calendar Year 2016 Ordinance to Exceed the Municipal Budget Appropriation Limits and to Establish a Cap Bank (N.J.S.A. 40A: ) b Ordinance Amending Chapter 12, Sections 8.1, 8.2, 8.3, 8.4, 8.5, 8.7, 8.8, 8.13, 8.14, and 8.16 re: Prohibition of Tobacco Sales to Persons Under the Age of 21 c Ordinance Amending Chapter 12 to Include Section 11 re: E-Cigarette Licensing This ordinance would amend Chapter 12 to include an entirely new section, titled E-Cigarette Licensing. The new ordinance is designed to license establishments that sell electronic smoking devices and related products. The funds collected by licensing of such establishments shall be used to fund the development and maintenance of programs related to tobacco cessation, prevention and control as may be established and/or administered by the West Orange Health Department. The licensing fee is $1, per year and shall be paid to the Township of West Orange to offset budget appropriations in connection with education and enforcement of this ordinance and/or the States Tobacco Age of Sale Inspection Program. In order to allow time for implementation of this ordinance, it will be effective as of July 1, Ordinances on First Reading-None 11. ABC Hearing-None 12. Adjournment The Council President may at his/her discretion modify with consent the order of business at any meeting of the Council if he/she deems it necessary and appropriate. (1972 Code 3-8; Ord. No ; Ord. No ; Ord. No II) Agenda is subject to change.

6 98-16 April 19, 2016 RESOLUTION WHEREAS, an application has been submitted by the Montclair Golf Club, which wishes to sponsor its annual Fourth of July fireworks exhibition at the Montclair Golf Club on July 2, 2016 (Rain Date: July 3, 2016); and WHEREAS, all of the necessary documentation has been submitted to the Township Clerk, on an Application for Permission to Conduct Fireworks Display (the Application ), as required by State and local law; and WHEREAS, the Application indicates that Garden State Fireworks, Inc., P.O. Box 403, 383 Carlton Road, Millington, New Jersey, 07946, will provide and supervise the fireworks display; and WHEREAS, the Application has been reviewed and approved by the Township Police Chief and Fire Official, and confirms that a Certificate of Insurance naming the Township as an additional insured has been provided; NOW THEREFORE BE IT RESOLVED BY THE TOWNSHIP COUNCIL OF THE TOWNSHIP OF WEST ORANGE that the Montclair Golf Club be and is hereby granted permission to conduct a fireworks display on July 2, 2016 (with a rain date of July 3, 2016); subject to the directives of the Fire Official and Police Chief, or their designees. Karen J. Carnevale, R.M.C. Municipal Clerk Victor Cirilo Council President Adopted: April 19, , v. 1

7 RESOLUTION April 19, 2016 WHEREAS, an application has been submitted by the Rock Spring Club, which wishes to sponsor its annual Fourth of July fireworks exhibition at the Rock Spring Club on July 2, 2016 (Rain Date: July 3, 2016); and WHEREAS, all of the necessary documentation has been submitted to the Township Clerk, on an Application for Permission to Conduct Fireworks Display (the Application ), as required by State and local law; and WHEREAS, the Application indicates that Garden State Fireworks, Inc., P.O. Box 403, 383 Carlton Road, Millington, New Jersey, shall provide and supervise the fireworks display; and WHEREAS, the Application has been reviewed and approved by the Township Police Chief and Fire Official, and confirms that a Certificate of Insurance naming the Township as an additional insured has been provided; NOW THEREFORE BE IT RESOLVED BY THE TOWNSHIP COUNCIL OF THE TOWNSHIP OF WEST ORANGE that the Rock Spring Club be and is hereby granted permission to conduct a fireworks display on July 2, 2016 (Rain Date: July 3, 2016), subject to the directives of the Fire Official and Police Chief, or their designees. Karen J. Carnevale, R.M.C. Municipal Clerk Victor Cirilo Council President Adopted: April 19, , v. 1

8 RESOLUTION April 19, 2016 WHEREAS, the following charitable organization(s) have applied for a Raffle License which raffle is to be conducted within the Township of West Orange, NOW THEREFORE, BE IT RESOLVED by the Township Council of the Township of West Orange, that the Municipal Clerk is hereby authorized to issue a license to conduct a raffle by the following organization (s) at the place (s) and time(s) set opposite their respective name(s): Organization Date of Event Place RL No. Jersey Battered Womens Service May 16, Eagle Rock Avenue 7295 Tricky Tray Jersey Battered Womens Service May 2, Eagle Rock Avenue 7296 On Premise 50/50 St Mary Armenian Church June 16, Rock Spring Rd 7297 Off Prem Merch Karen J. Carnevale, R.M.C., Municipal Clerk Victor Cirilo, Council President Adopted: April 19, 2016

9 R E S O L U T I O N April 19, 2016 WHEREAS, on December 21, 1993 the Township of West Orange adopted Ordinance No which authorized the Township to reimburse qualified private communities for the yearly cost of lighting its roads and streets commencing with 1993; and WHEREAS, there is attached hereto a report of the Township Engineer, recommending reimbursement for 2015 street and road lighting costs to twenty (20) qualified private communities which are either condominiums or cooperatives in accordance with the formula for reimbursement set forth in Ordinance No and codified as West Orange Revised General Ordinance No. 2-71; and WHEREAS, the Township of West Orange wishes to reimburse said qualified communities as set forth in the aforementioned report of the Township Engineer. NOW, THEREFORE BE IT RESOLVED by the Township Council of the Township of West Orange that the qualified private communities listed on the attached report of the Township Engineer Leonard R. Lepore, be reimbursed, as set forth therein, for 2015 street and road lighting costs. BE IT FURTHER RESOLVED that the Township Business Administrator and/or Comptroller issue the appropriate checks to comply with this Resolution as soon as feasible. KAREN J. CARNEVALE, RMC, MUNICIPAL CLERK VICTOR CIRILO, COUNCIL PRESIDENT Adopted: April 19, 2016 I hereby certify funds are available from: Account No Condo Street Lighting $83, John Gross, Chief Financial Officer

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31 RESOLUTION FOR MEMBER PARTICIPATION IN A COOPERATIVE PRICING SYSTEM April 19, 2016 A RESOLUTION AUTHORIZING THE TOWNSHIP OF WEST ORANGE TO ENTER INTO A COOPERATIVE PRICING AGREEMENT WHEREAS, N.J.S.A. 40A:11-11(5) authorizes contracting units to establish a Cooperative Pricing System and to enter into Cooperative Pricing Agreements for its administration; and WHEREAS, the County of Bergen, hereinafter referred to as the Lead Agency " has offered voluntary participation in #11BeCCP a Cooperative Pricing System for the purchase of goods and services; WHEREAS, on April 19, 2016 the governing body of the Township of West Orange, County of Essex, State of New Jersey duly considered participation in a Cooperative Pricing System for the provision and performance of goods and services; NOW, THEREFORE BE IT RESOLVED as follows: TITLE This RESOLUTION shall be known and may be cited as the Cooperative Pricing Resolution of the Township of West Orange. AUTHORITY Pursuant to the provisions of N.J.S.A. 40A:11-11(5), the Township of West Orange is hereby authorized to enter into a Cooperative Pricing Agreement with the Lead Agency. CONTRACTING UNIT The Lead Agency shall be responsible for complying with the provisions of the Local Public Contracts Law (N.J.S.A. 40A:11-1 et seq.) and all other provisions of the revised statutes of the State of New Jersey. EFFECTIVE DATE This resolution shall take effect immediately upon passage. Karen J. Carnevale, R.M.C. Municipal Clerk Victor Cirilo Council President Adopted: April 19, 2016

32 COOPERATIVE PRICING SYSTEM AGREEMENT #CK04-BERGEN, Bergen County Cooperative Pricing System AGREEMENT FOR A COOPERATIVE PRICING SYSTEM This Agreement made and entered into this day, 2016, by and between the, COUNTY OF BERGEN and Township of West Orange, who desire to participate in the #CK04-BERGEN. W I T N E S S E T H WHEREAS, N.J.S.A. 40A:11-11(5), specifically authorizes two or more contracting units to establish a Cooperative Pricing System for the provision and performance of goods and services and enter into a Cooperative Pricing Agreement for its administration; and WHEREAS, the County of Bergen is conducting a voluntary Cooperative Pricing System with other contracting units; and WHEREAS, this Cooperative Pricing System is to effect substantial economies in the provision and performance of goods and services; and WHEREAS, all parties hereto have approved the within Agreement by Resolution in accordance with the aforesaid statute; and WHEREAS, it is the desire of all parties to enter into such Agreement for said purposes; NOW, THEREFORE, IN CONSIDERATION OF the promises and of the covenants, terms and conditions hereinafter set forth, it is mutually agreed as follows: 1. The goods or services to be priced cooperatively may include all goods and services which may be bid under the laws and stipulations of the State of New Jersey and such other items as two or more participating contracting units in the system agree can be purchased on a cooperative basis. 2. The items and classes of items which may be designated by the participating contracting units hereto may be purchased cooperatively for the period commencing with the execution of this Agreement and continuing until terminated as hereinafter provided. 3. The Lead Agency, on behalf of all participating contracting units, shall upon approval of the registration of the System and annually thereafter ON THE ANNIVERSARY OF THE REGISTRATION OF THE SYSTEM publish a legal ad in such format as required by N.J.A.C. 5:34-7.9(a) in its official newspaper normally used for such purposes by it to include such information as:

33 (A) The name of Lead Agency soliciting competitive bids or informal quotations. (B) The address and telephone number of Lead Agency. (C) The names of the participating contracting units. (D) The State Identification Code assigned to the Cooperative Pricing System. (E) The expiration date of the Cooperative Pricing System. 4. Each of the participating contracting units shall designate, in writing, to the Lead Agency, the items to be purchased and indicate therein the approximate quantities desired [IF NOT AN OPEN ENDED CONTRACT], the location for delivery and other requirements, to permit the preparation of specifications as provided by law. 5. The specifications shall be prepared and approved by the Lead Agency and no changes shall be made thereafter except as permitted by law. Nothing herein shall be deemed to prevent changes in specifications for subsequent purchases. 6. A single advertisement for bids or the solicitation of informal quotations for the goods or services to be purchased shall be prepared by the Lead Agency on behalf of all of the participating contracting units desiring to purchase any item. 7. The Lead Agency when advertising for bids or soliciting informal quotations shall receive bids or quotations on behalf of all participating contracting units. Following the receipt of bids, the Lead Agency shall review said bids and on behalf of all participating contracting units, either reject all or certain of the bids or make one award to the lowest responsible bidder or bidders for each separate item. This award shall result in the Lead Agency entering into a Master Contract with the successful bidder(s) providing for two categories of purchases: (A) The quantities ordered for the Lead Agency s own needs, and (B) The estimated aggregate quantities to be ordered by other participating contracting units by separate contracts, subject to the specifications and prices set forth in the Lead Agency s Master Contract. 8. The Lead Agency shall enter into a formal written contract(s) directly with the successful bidder(s) only after it has certified the funds available for its own needs. 9. Each participating contracting unit shall also certify the funds available only for its own needs ordered; enter into a formal written contract, when required by law, directly with the successful bidder(s); issue purchase orders in its own name directly to successful vendor(s) against said contract; accept its own deliveries; be invoiced by and receive statements from the successful vendor(s); make payment directly to the successful vendor(s) and be responsible for any tax liability.

34 10. No participating contracting unit in the Cooperative Pricing System shall be responsible for payment for any items ordered or for performance generally, by any other participating contracting unit. Each participating contracting unit shall accordingly be liable only for its own performance and for items ordered and received by it and none assumes any additional responsibility or liability. 11. The provisions of Paragraphs 7, 8, 9, and 10 above shall be quoted or referred to and sufficiently described in all specifications so that each bidder shall be on notice as to the respective responsibilities and liabilities of the participating contracting units. 12. No participating contracting unit in the Cooperative Pricing System shall issue a purchase order or contract for a price which exceeds any other price available to it from any other such system in which it is authorized to participate or from bids or quotations which it has itself received. 13. The Lead Agency reserves the right to exclude from consideration any good or service if, in its opinion, the pooling of purchasing requirements or needs of the participating contracting units is either not beneficial or not workable. 14. The Lead Agency shall appropriate sufficient funds to enable it to perform the administrative responsibilities assumed pursuant to this Agreement. 16. This Agreement shall become effective on the date adopted on the resolution subject to the review and approval of the Director of the Division of Local Government Services and shall continue in effect for a period not to exceed five (5) years from said date unless any party to this Agreement shall give written notice of its intention to terminate its participation. 17. The County of Bergen shall on behalf of all local units participating in the cooperative pricing system renew the system every 5 years in perpetuity; unless all parties give written notice that there is no longer a desire or a need for participation in the system. 19. All records and documents maintained or utilized pursuant to terms of this Agreement shall be identified by the System Identifier assigned by the Director, Division of Local Government Services, and such other numbers as are assigned by the Lead Agency for purposes of identifying each contract and item awarded. 20. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the respective parties hereto. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed and executed by their authorized corporate officers and their respective seals to be hereto affixed the day and year above written.

35 FOR THE LEAD AGENCY BY: (NAME AND TITLE) FOR THE PARTICIPATING UNIT BY: Robert D. Parisi, Mayor

36 RESOLUTION COMBINING BONDS AGGREGATING THE PRINCIPAL SUM OF $ 17,391,000 AUTHORIZED BY TWENTY-SEVEN BOND ORDINANCES HERETOFORE ADOPTED TO FINANCE PART OF THE COST OF VARIOUS GENERAL IMPROVEMENTS IN THE TOWNSHIP OF WEST ORANGE, COUNTY OF ESSEX, NEW JERSEY INTO ONE CONSOLIDATED ISSUE OF BONDS AND PROVIDING FOR THE FORM, MATURITIES AND OTHER DETAILS OF SAID CONSOLIDATED ISSUE April 19, 2016 WHEREAS, the Township Council of the Township of West Orange, in the County of Essex, New Jersey (the Township ), has heretofore adopted twenty-seven ordinances authorizing bonds to finance part of the cost of various general improvements in said Township; and WHEREAS, it is necessary to issue bonds pursuant to said ordinances in an aggregate principal amount of $ 17,391,000 and it is deemed advisable and in the best interests of the Township, for the purpose of the orderly marketing of said bonds and for other financial reasons, to combine the bonds authorized under said twenty-seven ordinances into one consolidated issue in the aggregate principal amount of $ 17,391,000 pursuant to the Local Bond Law, constituting Chapter 2 of Title 40A of the Revised Statutes of New Jersey; NOW, THEREFORE, BE IT RESOLVED BY THE TOWNSHIP COUNCIL OF THE TOWNSHIP OF WEST ORANGE IN THE COUNTY OF ESSEX, NEW JERSEY that: Section 1. There shall be issued bonds of the Township in the following principal amounts pursuant to the following bond ordinances: A. $90, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $ 636,600 THEREFOR AN D AUTHORIZING THE ISSUANCE OF $ 604,770 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE AMENDS VARIOUS BOND ORDINANCES TO AMEND THE DESCRIPTION TO PROVIDE FOR VARIOUS ROAD IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO NICHOLAS

37 AVENUE AND MOUNTAIN AVENUE AND IMPROVEMENTS TO OUTDOOR FACILITIES. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. B. $135, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $1,540,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $1,463,000 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulne ss stated in said ordinance is years. C. $148, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE PROVIDING FOR VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $1,422,243 THEREFORE AND AUTHORIZING THE ISSUANCE OF $911,453 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE AMENDS VARIOUS BOND ORDINANCES TO AMEND THE DESCRIPTION TO PROVIDE FOR VARIOUS ROAD IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO NICHOLAS AVENUE AND MOUNTAIN AVENUE AND IMPROVEMENTS TO OUTDOOR FACILITIES. heretofore finally adopted. The average period of usefulne ss stated in said ordinance is 6.54 years. D. $517, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND O RDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING

38 $1,027,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $888,981 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE AMENDS VARIOUS BOND ORDINANCES TO AMEND THE DESCRIPTION TO PROVIDE FOR VARIOUS ROAD IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO NICHOLAS AVENUE AND MOUNTAIN AVENUE AND IMPROVEMENTS TO OUTDOOR FACILITIES. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. E. $142, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $656,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $623,200 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE REAPPROPRIATING $1,606, PROCEEDS OF OBLIGATIONS NOT NEEDED FOR THEIR ORIGINAL PURPOSES FOR THE ACQUISITION OF VARIOUS IMPROVEMENTS BY THE TOWNSHIP OF WEST ORANGE, NEW JERSEY. heretofore finally adopted. The average period of usefulne ss stated in said ordinance is years. F. $645, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $1,455,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $1,382,250 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No )

39 BOND ORDINANCE REAPPROPRIATING $1,606, PROCEEDS OF OBLIGATIONS NOT NEEDED FOR THEIR ORIGINAL PURPOSES FOR THE ACQUISITION OF VARIOUS IMPROVEMENTS BY THE TOWNSHIP OF WEST ORANGE, NEW JERSEY. heretofore finally adopted. The average period of usefulne ss stated in said ordinance is years. G. $1,442, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $2,581,617 THEREFORE AND AUTHORIZING THE ISSUANCE OF $2,452,517 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE AMENDS VARIOUS BOND ORDINANCES TO AMEND THE DESCRIPTION TO PROVIDE FOR VARIOUS ROAD IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO NICHOLAS AVENUE AND MOUNTAIN AVENUE AND IMPROVEMENTS TO OUTDOOR FACILITIES. heretofore finally adopted. The average period of usefulne ss stated in said ordinance is years. H. $544, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY AND APPROPRIATING $1,700,000 THEREFORE AND A UTHORIZING THE ISSUANCE OF $817,000 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 7.09 years. I. $341, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No )

40 BOND ORDINANCE AUTHORIZING VARIOUS ROAD IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY AND APPROPRIATING $877,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $429,400 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 10 years. J. $24, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY AND APPROPRIATING $1,170,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $1,170,000 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 40 years. K. $1,385, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS ROAD IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY AND APPROPRIATING $1,825,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $1,733,750 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 10 years. L. $1,265, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING THE UPGRADE OF THE COMMUNICATIONS SYSTEM IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY AND APPROPRIATING $1,700,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $1,615,000 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 7 years. M. $29, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No )

41 BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY AND APPROPRIATING $87,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $83,125 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. N. $1,857, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY AND APPROPRIATING $3,000,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $2,850,000 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 10 years. O. $705, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $1,127,000 THEREFORE AN AUTHORIZING THE ISSUANCE OF $1,070,650 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. P. $9, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $ 117,000 THEREFOR AN D AUTHORIZING THE ISSUANCE OF $ 111,435 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 15 years

42 Q. $1,343, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $2,087,200 THEREFORE AND AUTHORIZING THE ISSUANCE OF $1, 982,840 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. R. $90, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS AND ACQUISITIONS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $ 1,327,500 THEREFOR INCLUDING A $60,000 GRANT FROM THE NEW JERSEY DEPARTMENT OF TRANSPORTATION PURSUANT TO THE NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY ACT AND AUTHORIZING THE ISSUANCE OF $ 1,204,125 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. S. $1,325, bonds, being all of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING THE FUNDING OF OBLIGATIONS OF THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, UNDER THE REHABILITATION COMPONENT OF SUBSTANTIVE CERTIFICATION DATED OCTOBER 11, 1995, PURSUANT TO N.J.S.A. 52:27D-301 ET SEQ., APPROPRIATING $ 1,395,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $ 1,325,250 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE AMENDS VARIOUS BOND ORDINANCES TO AMEND THE DESCRIPTION TO PROVIDE FOR VARIOUS ROAD

43 IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO NICHOLAS AVENUE AND MOUNTAIN AVENUE AND IMPROVEMENTS TO OUTDOOR FACILITIES. heretofore finally adopted. The average period of usefulness stated in said ordinance is 9.27 years. T. $39, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE PROVIDING FOR VARIOUS CAPITAL ACQUISITIONS, RENOVATIONS AND IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $348,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $330,600 BONDS AND NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. U. $150, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $1,301,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $1,235,950 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE REAPPROPRIATING $1,606, PROCEEDS OF OBLIGATIONS NOT NEEDED FOR THEIR ORIGINAL PURPOSES FOR THE ACQUISITION OF VARIOUS IMPROVEMENTS BY THE TOWNSHIP OF WEST ORANGE, NEW JERSEY. as further amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE AMENDS VARIOUS BOND ORDINANCES TO AMEND THE DESCRIPTION TO PROVIDE FOR VARIOUS ROAD IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO NICHOLAS AVENUE AND MOUNTAIN AVENUE AND IMPROVEMENTS TO OUTDOOR FACILITIES

44 heretofore finally adopted. The average period of usefulness stated in said ordinance is years. V. $250, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $1,096,500 THEREFOR AN AUTHORIZING THE ISSUANCE OF $1,041,675 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE AMENDS VARIOUS BOND ORDINANCES TO AMEND THE DESCRIPTION TO PROVIDE FOR VARIOUS ROAD IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO NICHOLAS AVENUE AND MOUNTAIN AVENUE AND IMPROVEMENTS TO OUTDOOR FACILITIES. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. W. $152, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING STORM DRAINAGE IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $2,600,000 THEREFOR AND AUTHORIZING THE ISSUANCE OF $2,600,000 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 40 years. X. $327, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING VARIOUS PRELIMINARY EXPENDITURES IN CONNECTION WITH REDEVELOPMENT PROJECTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, A PPROPRIATING $ 450,000 THEREFORE AND AUTHORIZING THE ISSUANCE OF $ 427,500 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF

45 heretofore finally adopted. The average period of usefulness stated in said ordinance is 15 years. Y. $331, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND O RDINANCE AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $2,505,500 THEREFOR AND AUTHORIZING THE ISSUANCE OF $2,380,225 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. as amended by an ordinance entitled: (Ord. No ) BOND ORDINANCE REAPPROPRIATING $1,606, PROCEEDS OF OBLIGATIONS NOT NEEDED FOR THEIR ORIGINAL PURPOSES FOR THE ACQUISITION OF VARIOUS IMPROVEMENTS BY THE TOWNSHIP OF WEST ORANGE, NEW JERSEY. heretofore finally adopted. The average period of usefulness stated in said ordinance is years. Z. $475, bonds, being all of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE AUTHORIZING THE DEVELOPMENT OF A PARK AT RIDGEWAY AVENUE IN AND FOR THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, APPROPRIATING $ 500,000 THEREFOR E AN AUTHORIZING THE ISSUANCE OF $ 475,000 BONDS OR NOTES TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 15 years. AA. $3,621, bonds, being a portion of the bonds authorized by an ordinance entitled: (Ord. No ) BOND ORDINANCE PROVIDING AN APPROPRIATION OF $4,184,305 FOR RECONSTRUCTION OF THE SANITARY AND STORM SEWERAGE SYSTEMS AND ASSOCIATED RECONSTRUCTION AND REPAVING OF THE ROADWAYS WITHIN THE LLEWELYN PARK SECTION OF THE TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX, NEW JERSEY, DIRECTING A SPECIAL ASSESSMENT OF THE COST THEREOF IN THE AMOUNT OF $3,684,305 AND AUTHORIZING THE ISSUANCE OF $ 3,684,

46 BONDS OR NOTES OF THE TOWNSHIP TO FINANCE PART OF THE COST THEREOF. heretofore finally adopted. The average period of usefulness stated in said ordinance is 30 years. Section 2. The bonds referred to in Section 1 hereof are hereby combined into one consolidated issue of bonds in the aggregate principal amount of $ 17,391,000 and are sometimes hereinafter collectively referred to as the Bonds. The bonds referred to in subsections A through Y of Section 1 shall each be designated General Improvements Bonds, Series 2016 and shall be numbered with the prefix G from one consecutively upward. The bonds referred to in subsection Z of Section 1 shall each be designated Open Space Bonds, Series 2016 and shall be numbered with the prefix OS from one consecutively upward. The bonds referred to in subsection A A of Section 1 shall each be designated Special Assessment Bonds, Series 2016 and shall be numbered with the prefix SA from one consecutively upward. The bonds of said consolidated issue shall be dated the date of delivery and will be issued in fully registered form. When issued, the Bonds will be registered in the name of and held by Cede & Co., as the owner thereof and nominee for The Depository Trust Company, New York, New York ( DTC ), an automated depository for securities and clearinghouse for securities transactions. Upon issuance, the Bonds will be delivered to DTC in single denominations for each maturity of the General Improvement Bonds, Series 2016, Open Space Bonds, Series 2016 and Special Assessment Bonds, Series Individual purchases of beneficial interests in the Bonds will be made in book-entry form (without certificates) in the denomination of $1,000 each or any integral multiple thereof. Principal of the Bonds will be paid annually, subject to prior optional redemption, on the first day of February in the following years and in the following aggregate amounts: $13,295,000 General Improvement Bonds, Series 2016, maturing in the principal amount of $975,000 in the year 2017; $1,035,000 in the year 2018; $1,045,000 in the year 2019; $1,060,000 in the year 2020; $1,075,000 in the year 2021; $1,090,000 in the year 2022; $1,110,000 in the year 2023; $1,130,000 in the year 2024; $1,155,000 in the year 2025; $1,180,000 in the year 2026; $1,205,000 in the year 2027; and $1,235,000 in the year $475,000 Open Space Bonds, Series 2016, maturing in the principal amount of $ 45,000 in each of the years 2017 through 2021, inclusive; and $50,000 in each of the years through 2026, inclusive. $3,621,000 Special Assessment Bonds, Series 2016, maturing in the principal amount of $ 200,000 in the year 2017; $ 220,000 in each of the years 2018 and 2019 ; $ 225,000 in each of the years 2020 and 202 1; $ 230,000 in the year 2022 ; $ 235,000 in the year

47 2023; $ 240,000 in the year 20 24; $ 245,000 in the year 20 25; $250,000 in the year 202 6; $ 255,000 in the year 202 7; $ 260,000 in the year 20 28; $ 265,000 in the year 20 29; $ 275,000 in the year 2030; and $276,000 in the year The combined maturity schedule for the Bonds is as follows: Principal Principal Year Amount Year Amount 2017 $1,220, $1,450, ,300, ,480, ,310, ,460, ,330, ,495, ,345, , ,370, , ,395, , ,420,000 The Bonds maturing on or prior to February 1, 2026 shall not be subject to redemption prior to their respective maturity dates. The Bonds maturing on or after February 1, shall be subject to redemption prior to their respective maturity dates, on or after February 1, at the option of the Township, either in whole or in part at any time in any order of maturity at one hundred percent (100%) of the principal amount of the Bonds being redeemed (the Redemption Price ), plus in each case accrued interest thereon to the date fixed for redemption. Notice of Redemption shall be given by mail ing by first class mail in a sealed envelope with postage prepaid to the registered owners of such Bonds at their respective addresses as they last appear on the registration books kept for that purpose by the Township, at least thirty (30) but not more than sixty (60) days before the date fixed for redemption. However, so long as DTC (or any successor thereto) acts as Securities Depository for the Bonds, Notices of Redemption shall be sent to such depository and shall not be sent to the beneficial owners of the Bonds, and will be done in accordance with DTC procedures. Any failure of such depository to advise any of its participants or any failure of any participant to notify any beneficial owner of any Notice of Redemption shall not affect the validity of the redemption proceedings. If the Township determines to redeem a portion of the Bonds of a maturity, such Bonds shall be selected by the Township by lot. If Notice of Redemption has been given as described herein, the Bonds, or the portion thereof called for redemption, shall be due and payable on the date fixed for redemption at the Redemption Price, together with accrued interest to the date fixed for redemption. Payment shall be made upon surrender of the Bonds redeemed. Section 3. It is hereby found, determined and declared that the average period of usefulness of the improvements or purposes for which the said General Improvement Bonds,

48 Series 2016 are to be issued, taking into consideration the amount of such General Improvement Bonds, Series 2016 to be issued for said improvements or purposes, is years. It is hereby found, determined and declared that the average period of usefulness of the improvements or purposes for which the said Open Space Bonds, Series 2016 are to be issued, taking into consideration the amount of such Open Space Bonds, Series 2016 to be issued for said improvements or purposes, is 15 years. It is hereby found, determined and declared that the average period of usefulness of the improvements or purposes for which the said Special Assessment Bonds, Series 2016 are to be issued, taking into considera tion the amount of such Special Assessment Bonds, Series 2016 to be issued for said improvements or purposes, is 30 years. Section 4. The Bonds shall bear interest from their date based on their outstanding principal amount at a rate to be determined as hereinafter set forth in Section 6 of this Resolution, shall be payable as to principal in lawful money of the United States of America at the administration office of the Township in West Orange, New Jersey, payable semi-annually on the first day of February and August in each year until maturity or prior optional redemption, commencing on February 1, 20 17, by check or draft mailed on such interest payment date to the owners thereof registered as such as of each next preceding January 15 and July 15. Interest on the Bonds shall be calculated on the basis of a 360-day year of twelve 30-day calendar months. Notwithstanding any other provision herein to the contrary, so long as DTC or its nominee, Cede & Co., is the registered owner of the Bonds, payments of the principal of and interest on the Bonds will be made directly to Cede & Co., as nominee of DTC in accordance with the provisions of the DTC Letter of Representations to be executed by the Township and DTC. Disbursal of such payments to the DTC participants is the responsibility of DTC, and disbursal of such payments to the beneficial owners of the bonds is the responsibility of the DTC participants. Section 5. The Bonds shall be signed by the Mayor and the Township Chief Financial Officer, by their manual or facsimile signatures, and the corporate seal of the Township shall be affixed thereto, or imprinted or reproduced thereon and shall be attested by the manual or facsimile signature of the Clerk or Deputy Clerk of the Township. Section 6. The Township Chief Financial Officer is hereby authorized and directed to take all actions necessary to offer the Bonds for public sale upon the submission of electronic proposals in accordance with all applicable statutes and to determine in his discretion the date for receipt for such proposals, all in accordance with the terms set forth in the Notice of Sale. The Township Chief Financial Officer is further hereby authorized and delegated the authority to sell and award the Bonds in accordance with the terms of the Notice of Sale and directed to report in writing to the Township Council at the next meeting succeeding the date when any sale or delivery of the Bonds pursuant to this resolution is made, such report to include the principal amount, description, interest rate and maturities of the Bonds sold, the price obtained and the name of the purchaser. The Notice of Sale shall comply in all respects with the applicable statutes relating thereto and shall be substantially in the form attached hereto as Exhibit A, with such additions, modifications or deletions as determined by the Township Chief Financial Officer. The Notice of Sale shall be published in a newspaper published and circulated in the

49 Township as the Township Chief Financial Officer may select and a summary of the Notice of Sale shall be published in The Bond Buyer at least once at least seven (7) days prior to the date of public sale. The Township Chief Financial Officer is authorized and delegated the authority to postpone a public sale without readvertisement in accordance with all applicable statutes relating thereto. Section 7. The Bonds and the registration provisions endorsed thereon shall be in substantially the following form:

50 No G-_, OS-_, SA-_ UNITED STATES OF AMERICA STATE OF NEW JERSEY TOWNSHIP OF WEST ORANGE, IN THE COUNTY OF ESSEX GENERAL IMPROVEMENT BOND, SERIES 2016 OR OPEN SPACE BOND, SERIES 2016 OR SPECIAL ASSESSMENT BOND, SERIES 2016 Date of Bond: May 17, 2016 Principal Amount: $ Date of Maturity: February 1, 20 CUSIP: The TOWNSHIP OF WEST ORANGE, a municipal corporation of the State of New Jersey, (the Township ) hereby acknowledges itself indebted and for value received promises to pay to Cede & Co. or registered assigns, the sum specified above as the Principal Amount on the date specified above as the Date of Maturity, upon presentation and surrender of this Bond, and to pay to the registered owner hereof interest on such sum, from the Date of Bond specified above until the Date of Maturity specified above, at the rate of and Hundredths per centum ( %) per annum payable on February 1, and thereafter semi-annually on the first day of August and February in each year. Principal of this Bond will be paid in lawful money of the United States of America, at the administration office of the Township in West Orange, New Jersey. Interest on this Bond will be payable in lawful money of the United States of America by check or draft mailed on such interest payment date to the registered owner hereof as shown on the books of the Township kept for such purpose by the Chief Financial Officer of the Township (the Bond Registrar ) as of the fi fteenth day of the month preceding the month in which the payment of interest is to be made. All of the bonds, of which this Bond is one, shall be initially issued as one fully registered bond for each maturity in the name of Cede & Co., as registered owner and nominee for The Depository Trust Company ( DTC ). Notwithstanding any other provision herein to the contrary, so long as DTC or its nominee, Cede & Co., is the registered owner of the Bonds, payments of the principal of and interest on the Bonds will be made directly to Cede & Co., as nominee of DTC in accordance with the provisions of the DTC Letter of Representations executed by the Township and DTC relating to the Bonds. Disbursal of such payments to the DTC participants is the responsibility of DTC, and disbursal of such payments to the beneficial owners of the Bonds is the responsibility of the DTC participants. The Bonds maturing on or prior to February 1, 2026 shall not be subject to redemption prior to their respective maturity dates. The Bonds maturing on or after February 1, shall be subject to redemption prior to their respective maturity dates, on or after February 1, at the option of the Township, either in whole or in part at any time in any order of maturity at one

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