Municipal Budget Includes 1.25% Tax Cut
On Wednesday, May 17, the Hoboken City Council unanimously adopted the 2017 municipal budget which includes a 1.25% reduction in the municipal tax rate.
“I am proud that for the 7th year in a row, we have held the line on our municipal taxes while dramatically improving our credit rating and making investments in our infrastructure including open space, water mains, flood resiliency, energy, and roads,” said Mayor Dawn Zimmer. “Thank you to Business Administrator Stephen Marks, Finance Director Linda Landolfi and the entire finance team, and the City Council for working together on this budget.”
Newark Street Safety Improvement Project The City Council also adopted the Newark Street safety improvement plan (View the plan: www.hobokennj.gov/newarkstreet/). In addition to the adopted plan, the City will be incorporating an All-Way Stop Sign at the corner of Newark Street and Grand Street, following a determination by Hudson County that a stop sign is warranted at the intersection.
Construction to Begin for New Signal for Southwest Traffic Plan Starting on Monday, May 22nd, construction is expected to begin on the new traffic signal at Jackson Street and Observer Highway, one of the elements of the Southwest Traffic Improvement Plan (View the plan: www.hobokennj.gov/swcirculationplan/). Construction will take place Monday through Friday from approximately 9am to 3:30pm. Traffic will be maintained the majority of the time with the exception of lane closures necessary during 1 to 2 hour periods during approximately 3 days. Police will be on hand to direct traffic during closures and pedestrian detours will be provided.
New Farmers Market Location This year the “Uptown” Thursday market and “Downtown” Tuesday market will join forces for the weekly Tuesday Hoboken Farmers Market located centrally at Church Square Park on Garden Street between 4th Street and 5th Street. The market will be open on Tuesdays from 2pm to 8pm from June 6th to November 21st. This year's vendor will include Union Hill Farms, Melick's Town Farm, Circle Brook Organic Farms, Pickle-icious, Dr. Pickle, Gina's Bakery, JC Fish Stand, Naturalvert, Gourmet Fruits and Nuts, and Hoboken Farms.
The City has also been in discussions with NJ Transit and LCOR to activate Warrington Plaza with a temporary market. The City has provided LCOR with an agreement to activate the plaza, however LCOR has not yet been able to secure the necessary approvals from NJ Transit. LCOR is pursuing open the market in the summer of 2018 (View the letter from LCOR: www.hobokennj.gov/docs/communitydev/Letter-LCOR-Warrington-Plaza.pdf).