Wednesday, March 4, 2015

TOWNSHIP COMMITTEE GIVES FIRST APPROVAL TO PSE&G SITE DEVELOPER TAX BREAK

The Township Committee gave initial approval to a 30-year tax exemption plan for developers of the former PSE&G site on Boyden Ave. that will allow the developers, Avalon Bay, to pay portions of fees and taxes on the 235-unit project.


See more background on the exemption HERE.

The TC voted, 5-0, on the ordinance on first reading. It will be heard and voted on again and a public hearing held on March 17.

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