How much funding (debt) has the Township authorized for the acquisition, environmental remediation (including lake restoration) and demolition of buildings at the property?
The Township authorized a total of $22,350,000 for the acquisition of the property, environmental remediation, building demolition, lake restoration, insurance costs and other soft costs, such as testing, survey and legal expenses. The Township also authorized $5.6 million for sewage treatment plant upgrade to be issued by the sewer utility.
Related Questions
- How much funding (debt) has the Township authorized for the acquisition, environmental remediation (including lake restoration) and demolition of buildings at the property?
- What disclosures should be furnished with respect to site restoration costs or other environmental remediation costs?
- When will the Township actually incur debt to move ahead with the purchase and environmental remediation?
