BELMAR TO SPEND $13.6 MILLION,
BORROW $6.2 MILLION!
TAYLOR PAVILION – $4.1 MILLION!
10th AVE PAVILION – $2 MILLION!
LAKE COMO OUTFLOW IMPROVEMENT – $6.4 MILLION!
DOWNTOWN MAKEOVER – $1.15 MILLION!
MUNICIPAL APPROPRIATION/BOND:
.
BEACH UTILITY APPROPRIATION/BOND:
AMENDMENT TO 20015 CAPITAL BUDGET:
Who’s bearing the cost:
Belmar taxpayers, $4,492,950 plus interest.*
Belmar beach users, $2,000,000 plus interest.*
*Less whatever we get from FEMA and insurance
New Jersey taxpayers, $972,000.
United States taxpayers, $6,185,000*
*Plus whatever FEMA ends up paying
.
TUESDAY NIGHT’S AGENDA:
It looks like a football.
18 Comments
Dear Mr. Mayor, will you please stop borrowing !
Lake Como improvement is necessary …. we don’t need the rest.
How did the NO vote for $7 Million get turned into a Yes for $11 Mill?
The pavilions are $6.1 million (before change orders).
We are only getting 2.9 million from FEMA for the pavilions we must borrow the rest.
Oh yes. That’s all we should spend then.
The mayor said at a recent council meeting that he is not going to change the plans for the pavilions. How can the costs to build them now be 6.1 million.
Good job District 4 voters, now we all have to pay for an over-priced Taylor Pavilion.
Spin it again, Sam, I mean Matt. This guy is the ultimate yuppy mayor. Live on credit, just so everything looks good. He just does not give up.
Lake Como is a must. Taylor Pavilion can wait.
NO reason why we should pay for the lakecomo pipe.
This guy is unbelievable!!!!! I’m speechless. Though why anyone is surprised ( myself included) is beyond me. Can he circumvent the special election like that? Don’t our votes count for anything? Oh and if forced to another special election by referendum don’t start with that ” the element is causing us to waste money ” BS. We want to stop spending Oh and by the way where did all the 20 mill we borrowed to build the boardwalk go? And when and how much is that payment due!
#10. Judy that is the point (or at least one of them). Actually after spending too much time with the accounting, the Taylor Pavilion can wait till hell freezes over at that price. The 10th Ave. Safety Building should only be 1 Million Max. The Mayor is saying spend less than 15% before change orders and throwing the voters under the bus. It’s my way or the highway. Too bad he and the other officials think we live in a Democracy and not a Republic. Their lesson will now be hard -learned.
In Belmar it’s not even a Democracy.
Hopefully after the clerk problem is resolved other things will pop up and the spending will cease, until hopefully a new regime is in place but we will have to wait and see. I have never seen a mayor that doesn’t care what a Judge has said in the past.
Admin: I was just paraphrasing Redevelopment Atty. William Northgrave whose argument in Lawson’s Court was the election and not the issue. His argument was the majority of voters, voted for this mayor-therefore if he tells everyone to jump off the cliff…
#15, Anybody that doesn’t care what a judge says couldn’t be all bad.
Belmar Democratic Committee took money from IBEW and other organized labor …. now we must payback …. ouch!
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