City of Woodbury City Council Meeting Agenda April 2026
City approves tax exemption deal for redeveloper
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Description
The City of Woodbury approved a Financial Agreement with Woodbury Redevelopment Urban Renewal, LLC granting a long-term tax exemption for a mixed-use redevelopment project on Block 75 in exchange for annual service charge payments. The ordinance authorizes execution of the agreement and filing with state and county officials.
Contract Details
Vendor
WOODBURY REDEVELOPMENT URBAN RENEWAL LLC
Agency
City of Woodbury, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
April 22, 2026
Renewal Info
Long-term tax exemption under N.J.S.A. 40A:20-1 et seq.; detailed term and payment schedule set forth in the attached Financial Agreement not included in the agenda text.
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City of Woodbury City Council Meeting Agenda April 2026
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City of Woodbury City Council Meeting Agenda April 2026
City of Woodbury City Council Meeting Agenda April 2026
City of Woodbury City Council Meeting Agenda April 2026
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