Revised Resolutions
Resolution 2022-202 Revised
Ordinance 2022-20
Audit Corrective Action Plan
2022 Best Practices Checklist
Tuesday Night’s Agenda for November 29, 2022 Council Meeting
Welcome to The Belmar Blog
Welcome to The Belmar Blog
Revised Resolutions
Resolution 2022-202 Revised
Ordinance 2022-20
Audit Corrective Action Plan
2022 Best Practices Checklist
the lengthy agenda seems necessary for a smooth transition of power
Seems like a lot of important things being rushed through by lame duck council.
Any details on the settlements on the agenda?
I could tell you but it won’t be posted!
Wow! That’s a heavy schedule.
Authorizing bonds not to exceed 7.3 million dollars? That’s a lot of dough
Authorizing the hiring of a remediation company? Is that for the first aid building? Shouldn’t the seller be handling that? Or the sellers ins company?
Authorizing the BA to ‘execute personnel agreements’?? That sounds ominous.
And we end it all with a whole list of ‘litigation settlements’.
This may turn out to be the most expensive council meeting in the history of Belmar. And we had Doherty in there for 7 years.
#5 then the new administration will be blamed for either raising taxes or not having enough money to run programs.
#5 Please see this previous post
https://www.thebelmarblog.com/?p=4830
$300,000 is being held to pay for
remediation.
EMS is running one crew for 4 towns. Dangerous!
To 5
Don’t worry the professionals have it under control. They just want to shove some stuff thru before they leave.
#7 yes thank you. So what is 2022-191 for? Is it for a separate remediation project?
Any real estate deal involving the need for remediation is handled entirely by the sellers. The correct way to do this is let the sellers handle the remediation (which could exceed $300k depending on the extent), and let the buyers (us) have a kick out clause in case we don’t want to wait if the project becomes more than we bargained for. Is that not the way this is being handled?
So the BA will execute various personnel agreements. This should be good. Trying to lock a few people in I guess.
If you actually read the resolutions you’d see that previous bonds are being consolidated. Smart practice.
The remediation resolution is appointing the company to do said work. It is also a responsible practice to have held the money in escrow. Why does everything have to be a big conspiracy with you folks? All of this was openly discussed at town meetings. Maybe you should all start going and ask your questions to get an actual answer.From the source. Not some anonymous blogger. It is all openly taped and streamed.
#12 Does consolidating bonds work like consolidating loans? If so, it would be a good practice as long as you are not consolidating to a higher rate, right? Do you know what the comparisons are? Genuine questions.
I think what people are complaining about is that the remediation is being done by the town and not the property owner. Things like that are usually done by the seller.
#12- Sorry your candidates lost. Not really. Very proud of the Belmar voters to avoid party lines and throw out politicians who refuse to do the people of Belmar right.
#13- You are right in a way but need to peek under the sheets. Right now the remediation IS being done by the sellers, via Eddie as a now present BA and family of the sellers. I agree with the property should be cleaned up prior to the town purchasing same but again, look who the sellers are. And can anyone out there let us in on “what happens if the remediation exceeds $300k?” Who’s on the hook, does that void the purchase and does the purchase price get reduced? Maybe we can all get answers to those questions when the NEW BA takes charge. Bye bye people.
#12 is it a ‘smart practice’ to consolidate bonds? I guess I’ll take your anonymous word for it.
I am not thinking it’s a ‘conspiracy theory’ that the town is keeping 300k in escrow for the remediation. What I’m saying is that it is not at all ‘smart practice’ to do that. Let the sellers deal with the remediation. It’s their problem. What if the clean up costs more than 300k? Then what? Let the sellers insurance company hire the contractor and oversee the work. We’ll be ready to close when it’s all cleaned up. There’s no need to worry about being out bid by another buyer in the meantime. We’re paying way over market value.
#15 L.L. … paying way-over market value would avoid eminent domain action
To LL
It is a great deal if you’re the seller. He doesn’t have to deal with the cleanup. He leaves 300k for us to do it. Walks away with 900 k and belmar taxpayers will be left with a mess.