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Closing delays at 202 S. Wade Blvd. may cost Millville taxpayers additional rent and taxes, officials say
Summary
City staff said a closing for 202 South Wade Boulevard is tentatively scheduled for April 15 but the title company is still waiting for paperwork; the commission was told further rent ($8,500/month) and tax costs could add roughly $28,000 over several months.
City staff told the Millville City Commission on April 1 that the tentative closing for 202 South Wade Boulevard is scheduled for April 15 but that the title company is still waiting for paperwork from the seller’s attorney, which could push the closing later and add more costs to the city.
A city speaker said the municipality has been paying $8,500 per…
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