Lake Como Introduces CAP Rate Ordinance on First Reading
Ordinance 2025-5 (CAP Rate Ordinance) was introduced on first reading at the April 1 meeting and approved for introduction by unanimous roll call; specific CAP rates or fiscal impacts were not included in the minutes.
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The Borough Council introduced Ordinance 2025-5, captioned as the 'CAP Rate Ordinance,' on first reading at its April 1 meeting. Councilman Douglas Witte moved to introduce and Councilman Nicholas DeMauro seconded; the roll call to introduce the ordinance was unanimous.
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