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Committee adopts five-year tax abatement for All Zone Holdings LLC; councilman urges tougher review standards
Summary
Egg Harbor Township adopted Ordinance 13 to authorize a five-year tax abatement and payment-in-lieu arrangement for improvements at 6418 Black Horse Pike. Council member Matt Spallano voted in favor but urged new cost-benefit and 'but-for' analyses for future abatement requests.
The Egg Harbor Township Committee voted to adopt Ordinance 13, authorizing a tax abatement agreement with All Zone Holdings LLC for Phase 1 improvements at 6418 Black Horse Pike (Block 1303, Lot 39). The ordinance establishes a five-year exemption and payment-in-lieu structure for about 14,000 square feet of office/warehouse space and related site-work.
Solicitor (presenter) read the ordinance and opened public comment; no members of the public spoke on this item during the hearing. Council member Matt Spallano said he supported the measure but urged the township to update its abatement/pilot ordinance to require a consistent cost-benefit analysis, assessment of lost revenue to schools, jobs created, project investment levels and an internal review committee to evaluate future requests.
The roll-call for adoption recorded affirmative votes by members present and an abstention by one member (Ireland) during the vote sequence as read on the record.
Why it matters: Tax abatements reduce near-term tax revenue to support development incentives. Council members recommended more robust evaluation to ensure abatements serve the township and taxpayers.
What happens next: Ordinance 13 was adopted at the meeting and will be implemented under the terms described in the abatement agreement; the committee signaled interest in updating township abatement policies.
