The 15-year Payment In Lieu Of Taxes (PILOT) requested by Metro Rahway would be $265,000 annually, according to a revised ordinance (O-35-13) that the City Council is expected to approve tonight. The council will meet for a combined conference agenda/regular meeting at 7 p.m.
The city’s vacating of 13 feet of Dock Street will allow the developer to project Meridia Lafayette Village’s living space over an additional 10 parallel parking spaces on the street.
Rahway can generate six million gallons of water per day but could come up two million gallons short, according to a recent study. The shortage doesn’t mean your faucets are in danger of running dry but it is likely to impact your wallet.