Council Agenda: Toms River Seeking FEMA Disaster Loan
Toms River Township Council will meet at 6 p.m. on Tuesday, March 12 in town hall
Toms River's Township Council will take a step toward securing a $5 million disaster loan from the federal government during its meeting Tuesday evening.
A resolution on the draft meeting agenda, posted to the township Website, indicates that the township plans to execute a collateral security in connection with a FEMA Community Disaster loan for damages sustained during Superstorm Sandy.
"Funding can be used to offset the levy in 2013 and beyond, providing a stable tax and rate environment for communities where stability is sorely needed," reads a statement from the New Jersey Department of Community Affairs Division of Local Government Services.
Toms River officials have said that the township's ratables base may have lost 20 percent because of Sandy.
Also on the agenda for the 6 p.m. meeting in town hall is an ordinance providing for capital improvements and a resolution opposing legislation to establish an early voting system in New Jersey. The complete draft agenda can be read here.
notasellout
5:58 am on Tuesday, March 12, 2013
If the storm in October has exposed anything (other than the obvious shortfalls in protection of the people) it has shown everyone exactly how badly the finanaces of this town have been handled over the last ten years. This town is in such deep financial trouble it is teetering on bankruptcy. The debt that this Council and absent Mayor have accumulated will never be paid back. The most troubling fact is that every day, the Council continues to accrue more and more debt and FORCE the payments on the taxpayer. Now, they want to borrow yet another $5 million to make ends meet for a year or two?
I am calling on the Mayor and each and every Council member to apologize publicly for what they have done to the people of this town and to resign immediately. You are nothing but a complete failure.
I have spoken
6:24 am on Tuesday, March 12, 2013
Failure/teetering on bankruptcy....my rump. They did a wonderful job and continue to do so. I'm guessing you're one of the malcontents that live on the "sand bar" and are upset you didn't get your "government handouts"
notasellout
7:47 am on Tuesday, March 12, 2013
@I have spoken, Talk about government handouts! The Council is looking for even more bailout money from the feds. Bad enough they always have their hands out to the state each year for "aid" in the form of millions of dollars because they can't balance a check book. . As far as your malcontent comment, I'm not from the beach. However, you should appreciate the fact that the beach has been carrying you for a while. Without the "sand bar" property tax revenue, this "town" would cease to exist. Sounds to me like you're a council member posing as a someone else.
Martin
10:41 am on Tuesday, March 12, 2013
Erroneous flood zone maps, overkill house-raising mandates and exorbitant annual insurance costs... FEMA wants NJ to bail it out of its Katrina debt!
Join our fight. Congress must correct the 2012 Biggert-Waters Act that gave FEMA the power to drown homeowners and NJ's entire economy. Info is at StopFemaNow.com and Facebook.com/StopFemaNow.
Save our Shore Communities!
Halpha2
8:10 am on Tuesday, March 12, 2013
Well there barely is a sand bar and we are still here.
ChiefWahoo
8:14 am on Tuesday, March 12, 2013
No one in TR tells the truth. It's just the way it is.
Maybe when the collapse finally comes , the reset will allow for truth to make a comeback.
Ortley Fulltimer
11:34 am on Tuesday, March 12, 2013
All these posts from TR about improvements, dredging, roads, beaches. Still 4 months of nothing. Hey TR............90 days til Memorial Day. Keep up the good work!
Concerned citizen
10:54 pm on Tuesday, March 12, 2013
Where will this loan go to? I would bet legitimate contractors with illegitimate reasons. Same ritacco scheme all the town officials will magically award these bids to their friends. Look at the tow contract same difference. I say buckle down and make it work with the funds that are avalaible. Although I have not done any research on this matter so just an opinion.