AVALON TO SEE SAVINGS FROM BOND REFINANCING

Refinancing a bond in Avalon is going to save Avalon nearly $90,000 in upcoming years. Avalon was able to refinance the 2001 bond and save taxpayers’ money thanks in part to an exemplary AA+ bond rating that the Borough was recently awarded by Standard and Poor’s Rating Services, a division of the McGraw-Hill Companies, Inc.…

WILDWOOD GOING “CLEAN AND LIEN”

An old program is being reinstated in Wildwood. The City Commissioners are supporting the Clean and Lien program, which is designed to encourage property owners to maintain the exteriors of their buildings and keep their lots clean, free of unsightly debris and overgrown foliage.  The ordinance was passed in 2007, but has not been widely…

STEEL PIER TO BE SOLD AT AUCTION

According to the Press of Atlantic City, Steel Pier in Atlantic City will be put up for auction by it’s owner, Trump Entertainment Group. The opening bid on the 113-year-old amusement pier is set at $2.5 million. The news came as a surprise to those in the casino industry, but not to the pier’s operator.…

CHRISTIE SAYS COAH WILL BE ABOLISHED

A major shift in the affordable housing debate could be taking place. Gov. Chris Christie announced on Wednesday he plans on getting rid of the Council on Affordable Housing, and letting their responsibilities be picked up by the Department of Community Affairs. Lawmakers will have 60 days to veto the move if they want. The…

BUDGET PASSED IN ASSEMBLY AND SENATE

A budget has been passed among party lines. Democrats moved forward a $30.6 billion budget, which is above what Gov. Chris Christie had called for during his budget presentation earlier this year. Christie will likely use line item vetoes to take portions of the budget he doesn’t want and then sign the documents before the…

SOLAR PROJECT DISCUSSED IN VINELAND

Vineland officials are looking at the possibility of a solar project there. Council approved a study on Tuesday to take a look at the possibility of the joint project. It would collect some local interests along with Cumberland County. The study does not lock the city into further development, but simply looks at the possibilities.