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Absecon council adds Housing Trust Fund bank account, approves consent items and moves to closed session on land sale and firehouse contract
Summary
Council added Resolution 77 to establish a Housing Trust Fund bank account, approved the consent agenda (including Crestview pedestrian improvements and a $333,200 bill list), accepted minutes with recorded abstentions, and voted to enter closed session to discuss a firehouse contract and a possible sale of city land.
The Absecon City Council voted to add Resolution 77 to its consent agenda and approved the consent agenda and related routine business items during the meeting.
Councilman Clark requested adding Resolution 77, described as "authorizing the establishment of a new bank account for the Housing Trust Fund," explaining that Absecon had not been operating with a local Housing Trust Fund account and needed the account to retain developer-fee payments and to meet state affordable-housing compliance. Public commenter Greg S (625 Yarmouth Avenue) asked, "Can you explain what the Housing Trust Bank is?" Council members explained that developer fees are placed into such an account…
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