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Engineer: Wildwood Crest eligible for I‑Bank principal forgiveness; Denver Avenue reconstruction grant noted
Summary
The borough engineer reported progress on the Bayside bulkhead project, said the borough is through step three of the FY26 New Jersey I‑Bank application and—per a CFO correction—eligible for $3 million in principal forgiveness to support Park Boulevard work (project estimate about $6 million); a state grant for Denver Avenue reconstruction was also reported but the transcript contains inconsistent amounts for that award.
The municipal engineer reported progress on several capital projects and outlined near‑term funding opportunities for Wildwood Crest.
Engineers’ update: Mark said the contractor has installed approximately half of the storm outfall valves for the Bayside bulkhead replacement and that the two remaining bulkhead replacements are nearing completion. He reported the contractor on the New Jersey I‑Bank sanitary sewer and roadway project is working between Stockton Road…
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