At the May 14th meeting, the Township Board voted 5-2 (Mabry and Mangiapane voted NO) to authorize the Water Resource Commission to issue bonds to cover the $15,000,000 cost at interest no greater than 7%. The Clerk will or already has posted a legal notice in Oakland Press stating how residents can petition for referundum on this matter. If you want to do this, consult with a lawyer very soon. If you don’t know a lawyer, I recommend Gregory Need, who has worked in our Township on other resident issues.r
This EPA mandated water tank will serve the Southwest Water District of 2066 homes. The Water Resource Commission estimates an annual payment of $350-$390 per year per user for 30 years if interest rates are 3 and a fraction%. At least on other location on property to be donated by Moceri on Adams across from Delta Kelly School was considered and apparently rejected, although I am not “up to speed” on the details of those decisions and have not found time to research the matter.
IF they are NIMBY people, they better come up with an alternative plan.
At = to, or less than, the $!5M!
Hello, especially the 2 trustees that voted against it!!
LikeLike