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Eatontown council schedules May cost report ahead of possible municipal building referendum
Summary
Councilmember Maria Escalante requested a referendum on building a new municipal building and the council set a May 13 presentation of a special projects engineer's cost-analysis; Attorney Bayer warned that PILOT funds are intertwined with project financing.
Councilmember Maria Escalante said she is seeking a referendum in November on building a new municipal building and clarified she is not proposing a referendum on Netflix PILOT money. Borough Administrator William P. Lucia told the council the special projects engineer will present a cost-analysis at the May 13 meeting to inform that decision.
Attorney Bayer cautioned that the borough's revenues and PILOT arrangements are intertwined with the municipal building financing, a linkage Escalante said requires further study. No vote was taken; the council left the matter for the May 13 update and further deliberation.
