The city is moving to acquire an East Hazelwood Avenue property adjacent to the Department of Public Works (DPW) facility on Hart Street for possible future expansion of the DPW headquarters.
Continue reading City aims to acquire building to expand DPW
A New Brunswick Avenue property will receive a refund of more than 12 percent across five tax years – as far back as 2009 – while withdrawing tax appeals on three adjacent properties.
With three years still remaining on an existing 20-year deal, the city is negotiating a new 20-year lease of the water system that this time is expected to include a $13-million concession fee from the operator.
Repairs to an existing reinforced concrete wall at the Rahway Water Treatment Plant on Westfield Avenue will run an additional $100,000 over the original $9.8 million contract to improve the century-old facility.
Continue reading $100k repair work for water treatment plant
Without comment from the public or its members, City Council on Monday night unanimously adopted a 20-year Payment In Lieu Of Taxes (PILOT) for The Gramercy.
Continue reading City Council approves Gramercy 20-year PILOT
A proposed PILOT for The Gramercy would stipulate an annual fee of $78,000, about twice as much as the properties currently generate in taxes but about $100,000 less than what the completed project might pay.
Continue reading Gramercy PILOT would shave $100k off tax bill
Three new Payments In Lieu Of Taxes (PILOT) to the city and higher foreclosure registry fees should boost city revenues by some $652,000 in the 2016 budget.