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Council introduces ordinance for tax abatement at 212 Cedar Ave; public hearing set Sept. 23
Summary
Ordinance No. 15, 2024, authorizing a tax-abatement agreement with ALE Investments, LLC for 212 Cedar Ave (Block 179, Lot 3), was introduced and read for first hearing; Councilman Mazzola scheduled the public hearing for Sept. 23, 2024.
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Councilman Mazzola presented Ordinance No. 15, 2024, "An Ordinance of the Mayor and Council of the Borough of Pitman... Authorizing an Agreement for Tax Abatement with ALE Investments, LLC for a property commonly known as 212 Cedar Ave," and noted that the item was the introduction and first reading of the ordinance. "This was the Introduction and First Reading of this ordinance. The Public Hearing will be on September 23, 2024," Mazzola said.
No substantive debate or amendment to the ordinance occurred at the meeting. The item was introduced by motion (Mazzola), seconded by Councilman Uyehara, and the roll call vote recorded affirmative votes from all present council members. The public hearing is scheduled at the council's next meeting, where residents will have an opportunity to comment on the proposed tax-abatement agreement.
