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The Township Council unanimously adopted an ordinance allowing Cedar Grove to exceed municipal budget appropriation limits and establish a cap bank, with all five members voting yes.
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The cap bank gives the township additional flexibility to carry forward unused spending capacity for future budgets, subject to applicable limits. The council also approved a $776 change order for the Devonshire Road and Devonshire Road South reconstruction, bringing that contract to a maximum of $309,084.36, and authorized a $6,942.17 final payment after accepting the maintenance bond.
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