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Wildwood Crest updates residents on potential $20M+ flood-mitigation grants, IBank projects and park upgrades
Summary
Officials said the borough may receive federal/state flood-mitigation awards in the $20M+ range (with a 25% borough match), reported $2 million in IBank principal forgiveness for Phase 1 and discussed Park Boulevard as a Phase 2 IBank candidate; Centennial Park improvements and bollard/security costs were also discussed.
Wildwood Crest officials reported progress on multiple infrastructure priorities, including large flood-mitigation grant applications, two phases of New Jersey Infrastructure Bank (IBank) funding, and planned park upgrades.
Mayor and staff said the borough has two FEMA grant applications and related projects totaling multiple elements: bulkhead replacement, road work, piping upgrades and potential pump-station construction to consolidate outfall flow. Officials described estimates and grant award ranges in the meeting record with varying figures; the mayor summarized that project awards and the borough’s required 25% match…
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