The township council of Moorestown, N.J., voted to approve the issuance of $11.9 million of bonds or notes to finance the construction of a new municipal library and town hall building.

Fire damaged Moorestown's old town hall building more than five years ago. The town is in Burlington County, about 15 miles east of Philadelphia.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.