City Council is scheduled to hold a public hearing and final approval tonight on a new 20-year lease agreement for the city’s water treatment plant and a $14-million bond ordinance to borrow against an annual concession fee in the deal. UPDATED: Tonight’s meeting has been canceled. A combined conference/regular meeting has been scheduled for Nov. 21.
Tag Archives: City Council
Redevelopment plan changed for Center Circle plan
City Council is expected to approve an ordinance that would amend the Central Business District (CBD) Redevelopment Plan, allowing a proposal for 219 units on the Center Circle property on Main Street. The Planning Board recommended the approvals last month.
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Agency requests redevelopment study
The Redevelopment Agency has formally asked City Council to authorize a preliminary study to determine whether there are areas of the city that may be in need of redevelopment.
Riverside Gardens wins tax appeal for 2012
A garden apartment complex adjacent to the Wheatena section of Rahway River Park won a tax appeal equal to about 13 percent of its tax bill for 2012.
Council tables water deal until state review
City Council last night tabled three ordinances related to a new 20-year water lease agreement for the city’s water treatment plan, pending review and approval by the state Local Finance Board.
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Council to borrow $14m against new water deal
The city plans to borrow $14 million against a new operating agreement that’s expected to pay the city $1 million annually over the course of a new 20-year contract. Continue reading Council to borrow $14m against new water deal
Council OKs tax appeals for industrial site
Rahway Industrial Sites will receive a refund of more than $200,000 as part of a settlement in state Tax Court.
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Hamilton Gardens complex wins tax appeal
A small Hamilton Street apartment complex won tax appeals amounting to about a 6-perecent reduction on its property tax bills for 2014 and 2015.