Printed In: Todayıs Sunbeam,
Printed On: 2006/07/14
Public
Notice:
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PUBLIC NOTICE TOWNSHIP OF PITTSGROVE, IN THE COUNTY OF SALEM AN ORDINANCE
APPROVING PROPERTY TAX AGREEMENT BETWEEN THE TOWNSHIP OF PITTSGROVE AND STEVE
PERKINS/HARDING HVAC SUPPLY FOR BLOCK 201, LOT 10 WHEREAS, the Township of
Pittsgrove heretofore adopted Ordinance No. 7-96 on August 14, 1996, providing
for tax exemption relating to new construction of commercial and industrial
structures in the Township of Pittsgrove; and WHEREAS, Steve Perkins/Harding
HVAC Supply, has filed an application for tax exemption for the construction of
a commercial or industrial structure under tax agreement (50 x 150 pole barn
and land improvements) situate in Pittsgrove Township, located on property
identified on the Pittsgrove Township Tax Map as Block 201, Lot 10; and
WHEREAS, the said application has been reviewed and approved by the Township
Committee and it has determined that granting of the application is in the
interest of the Township of Pittsgrove and in furtherance of encouraging
construction of new commercial-industrial structures in keeping with the intent
and purpose of N.J.S.A. 40A:21-1, et seq. and Township Ordinance No. 7-96; NOW,
THEREFORE, BE IT ORDAINED by the Township Committee of the Township of
Pittsgrove, in the County of Salem and Stat eof New
Jersey that the Township enter into a Tax Agreement with Steve Perkins/Harding
HVAC Supply. The Tax Agreement, which has been placed on file with the Township
Administrator and is available for examination by the public during normal
business hours shall provide that Steve Perkins/Harding HVAC Supply shall pay
to the Township of Pittsgrove in lieu of full property tax payments on the
improvements in the Project an amount equal to the percentage of taxes
otherwise due, according to the following schedule: 1. In 2007 the first
calendar year after completion, no payment in lieu of taxes otherwise due; 2.
In 2008 the second calendar year, 20% of taxes otherwise due; 3. In 2009, the
third calendar year, 40% of taxes otherwise due; 4. In 2010, the fourth
calendar year, 60% of taxes otherwise due; 5. In 2011, the fifth calendar year,
80% of taxes otherwise due; In the years subsequent to 2011, taxes shall be
paid in full as a result of all improvements created. BE
IT FURTHER ORDAINED that the Mayor and Clerk are authorized to sing said
Agreement on behalf of the Township. BE IT FURTHER ORDAINED that certified
copies of said Agreement shall be forwarded within thirty (30) days of
execution to the following persons: 1. Pittsgrove Township Tax Assessor 2.