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Oxford Committee names redevelopers for two parcels, authorizes negotiation of redevelopment agreements
Summary
The Township Committee on Sept. 18 designated Floro LLC for Block 1.01 Lot 3 and SHRI Properties LLC for Block 31 Lot 21.01 and authorized the mayor to negotiate redevelopment agreements; the meeting also included a legal update on Steele litigation and a pending Pequest Fields land‑use application.
OXFORD, N.J. — The Oxford Township Committee voted unanimously Sept. 18 to designate private developers for two redevelopment areas and authorized the mayor to negotiate redevelopment agreements.
The committee adopted Resolution 2024-115 designating Floro Limited Liability Company as the exclusive redeveloper for Block 1.01 Lot 3 and Resolution 2024-116 designating SHRI Properties Limited Liability Company as the exclusive redeveloper for Block 31 Lot 21.01. Both resolutions cite the Local Redevelopment and Housing Law (N.J.S.A. 40A:12A-1 et seq.) and authorize the mayor, in consultation with township professionals, to execute necessary documents in substantially the attached form.
Both motions were moved by Georgette Miller, seconded by Linda Koufodontes and passed by roll call vote (Ayes: 3). No members of the public spoke on the items during the meeting.
Township Attorney Rich Wenner reported in executive session and again during his public report that motions to dismiss in the Steele litigation have been granted and that other litigation items remain pending. Wenner also noted that a Pequest Fields land-use application is expected for the October Land Use Board meeting and that an associated sale was discussed as roughly $1 million for 2024/2025.
Township Engineer Mike Finelli reported on capital projects including the pedestrian bridge (a retention amount will be held until DOT final inspection) and DOT approvals pending for Port Colden and a Wall St. grant. Administrator Matt Hall was assigned to follow up with DOT about a Route 31 crosswalk light that is not working.
Next steps: the mayor and township professionals will proceed with redevelopment negotiations and any required public hearings and land‑use approvals; the township attorney will continue to monitor litigation progress.
