City of Passaic City Council Regular Meeting Agenda May 19, 2026
Ordinance Authorizes PILOT With Speer Village Owner
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Description
The City Council is considering final adoption of an ordinance authorizing a Payment In Lieu Of Taxes (PILOT) agreement with SPEER VILLAGE PRESERVATION OWNER LLC. The ordinance would allow execution of the tax agreement to support the Speer Village project.
Contract Details
Vendor
SPEER VILLAGE PRESERVATION OWNER LLC
Agency
City of Passaic, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Renewal Info
PILOT term and renewal or expiration details are not provided in the agenda and would be defined in the underlying financial agreement once executed.
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City of Passaic City Council Regular Meeting Agenda May 19, 2026
City of Passaic City Council Regular Meeting Agenda May 19, 2026
City of Passaic City Council Regular Meeting Agenda May 19, 2026
City of Passaic City Council Regular Meeting Agenda May 19, 2026
City of Passaic City Council Regular Meeting Agenda May 19, 2026
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