Bloomingdale Tax Deal: 'I Haven't Changed My Mind,' Councilwoman Says
Council votes to introduce ordinance allowing for Payment in Lieu of Taxes program to move forward with luxury apartment complex developer.
In contrast to the hours of heated discussion and comments regarding the Payment in Lieu of Taxes (PILOT) program Bloomingdale had considered entering into with Bloomingdale Urban Renewal, LLC (formerly known as AvalonBay) last year, the re-introduction of the ordinance for the agreement was approved rather quietly Tuesday. Bloomingdale Urban Renewal is building a 174-unit luxury apartment complex on Union Avenue. Little discussion was had at Tuesday night's council meeting on the agreement, which would grant the borough payments at the same time as taxes are typically paid for the next 30 years. The payments would be made at a minimum of $550,000 per year with the borough retaining 95 percent of the money; the county retaining 5 percent …
In this Article:
wendy
9:07 pm on Wednesday, January 9, 2013
please do not ask the board of education they, continue to employee a person who violated civil rights of disabled child for a very long year and needed the federal Goverment to visit to comply with any part of the law , people like this should never be asked a concern of our comunity, and they continue to have a no access policy for the disabled or elderly at any door even know all the doors … more ›