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FINANCIAL_SERVICESAMENDED

Town of Harrison Agenda Packet 2026-05-19

Harrison Extends Advance at Harrison PILOT Term

Town of HarrisonADVANCE AT HARRISON LLCMay 19, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Town of Harrison adopted Ordinance 1560 to amend long term tax exemption financial agreements affiliated with Advance at Harrison LLC, extending their maximum term to July 29, 2059. The change supports continued redevelopment and PILOT payments over a 50-year period.

Contract Details

Vendor

ADVANCE AT HARRISON LLC

Agency

Town of Harrison, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

May 19, 2026

Contract Term

Extended maximum term to July 29, 2059 (50 years from 2009 agreement)

Renewal Date

2059-07-29

Renewal Info

First amendments to financial agreements extend PILOT duration to 50 years from the original 2009 agreement, expiring July 29, 2059.

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