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Bellmawr council adopts water-rate amendment and approves tax-abatement agreements on second reading
Summary
On second reading the Bellmawr Borough Council adopted an amendment to Chapter 95 (water rates and fire protection) and approved two tax-exemption/financial agreements for redevelopment projects under NJSA 48:20-1; each ordinance had a public hearing with no comments and was adopted by roll call.
The Bellmawr Borough Council on Nov. 29 held public hearings and adopted three ordinances on second reading: an amendment to Chapter 95 addressing water rates and fire protection, and two ordinances authorizing long-term tax-exemption financial agreements for redevelopment projects pursuant to the long-term tax abatement law, NJSA 48:20-1.
The second-reading items…
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