Almost $42,000 in property taxes have been canceled for 2011 in connection with redevelopment projects downtown and the Arts District.
The City Council approved resolutions to cancel the taxes at its regular meeting on May 3. A breakdown of the canceled property taxes by parcel can be found in this Excel file.
The largest tax bill, almost $14,000, was for a Bramhall Road horse farm acquired by Union County in 2009 as part of its open space preservation efforts. Two properties on Hamilton Street are now owned by the Redevelopment Agency, which like the county doesn’t pay property taxes. Most of the Main Street parcels are owned by Dornoch and are part of an agreement allowing the Parking Authority to install and lease about 100 interim spaces adjacent to Lot B in exchange for waiving taxes on the properties.
***6/15 Update: City Council tonight authorized cancellation of $3,966.38 in property taxes for 52 E. Cherry St., which was acquired by the city last year and renovated into a police facility. The post, and Excel file, have been modified to reflect the new total.
The elevator on the outbound platform of the train station will be out of service until August, according to this advisory that came from NJ Transit Friday. Significant damage to the cab car was caused by vandalism, requiring the floor and doors to be replaced. No word on when the center stairs to the inbound platform will be completed, but it appears that some work has started recently.