City Council is moving forward with the acquisition of three flood-prone residential properties on West Grand Avenue through state and federally-funded programs.
Tag Archives: City Council
Contract awarded for high school field
Construction on the park behind Madison School is expected to begin next month after City Council awarded a $500,000 contract for the project. Continue reading Contract awarded for high school field
Industrial, commercial parcels win tax judgment
Two properties — one commercial and another industrial — were awarded tax appeal judgments, receiving credits of about a third off their tax bills over multiple years. The City Council approved AR-136 at its June 11 regular meeting. Continue reading Industrial, commercial parcels win tax judgment
Bids rejected for high school park upgrades
City Council rejected three bids that all came in higher than the budget for planned upgrades to athletic fields behind the high school on Madison Avenue.
Continue reading Bids rejected for high school park upgrades
City Council approves two more tax judgments
City Council approved tax refunds for two more commercial properties that won tax judgments for 2012 and 2013. The governing body approved AR-112-14 at its regular meeting May 12.
Continue reading City Council approves two more tax judgments
Redevelopment Agency budget adopted
The Redevelopment Agency approved a 2014 budget at its April 2 meeting, with revenues of $1.45 million and appropriations of $1.225 million. The agency introduced the budget in November but was awaiting state review. Continue reading Redevelopment Agency budget adopted
30-Year PILOT could mean 50-percent tax break
The Payment In Lieu Of Taxes (PILOT) for a proposed 196-unit project downtown could mean a tax break of as much as 50 percent in the first year alone and some $17 million versus $34 million over the 30-year life of the program, if certain assumptions are made.
Continue reading 30-Year PILOT could mean 50-percent tax break
Public hearing on budget slated for Monday
The City Council will hold a public hearing on the 2014 municipal budget during its meeting on Monday before giving final approval on the $51.8-million spending plan. The governing body is also scheduled to approve the Rahway Arts District‘s annual $130,000 budget, derived from the Special Improvement District (SID) tax.
The 2014 budget, introduced by City Council at its March 10 meeting, projects an increase of $43 in municipal property taxes on the average property, assessed at $133,000.