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City solicitor flags possible reinstatement of $45,000 lien tied to 2019 redevelopment agreement
5114466 · May 23, 2025
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Summary
City solicitor told council a 2019 agreement that reduced a tax obligation by about $45,000 included a deadline for renovation; because the purchaser failed to comply, the lien could be reinstated pending notice and possible resolution authorizing the tax collector to place the lien.
City Solicitor Smith informed the Somers Point City Council that an agreement dating to September 2019 reduced a tax obligation on a property by approximately $45,000 to enable renovation. Under the terms of that agreement, if the purchaser failed to meet the one-year…
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