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Bayonne council approves multiple redevelopment and tax-exemption ordinances, schedules additional hearings
Summary
The council approved a slate of redevelopment-related ordinances and related resolutions at its July 16 meeting, including financial agreements (long-term tax exemptions / PILOTs) and redevelopment-plan adoptions; one ordinance drew a recorded No vote and one redevelopment designation was tabled for further documentation.
The Bayonne City Municipal Council on July 16 approved a series of ordinances and resolutions related to redevelopment, financial agreements and the city code, and set dates for additional public hearings on forthcoming items.
Several financial agreements providing long-term tax-exemption arrangements (commonly called PILOTs) and redevelopment measures received final passage or were moved forward for final hearing. The council passed second-reading ordinances and final-passage resolutions for projects identified in the meeting as located at 80–84 East 20th Street (Block 442 Lot 14), 211–217 Broadway (Block 305), 474–476 Broadway (Block 205 Lot 10.01), 470–476 Broadway (Block 205 Lot 1.01), 155 Goldsboro Drive (Block 790 Lot 1.01) and 110 Goldsboro Drive (Block 722 Lot 1). Another ordinance adopted a redevelopment plan for Block 85 Lot 23 (identified as 8935–939 Broadway).
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