Borough of Penns Grove Council Meeting Agenda April 2026
Penns Grove Weighs Amendment To PILOT Agreement
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Description
The Borough of Penns Grove is considering Resolution 2026-4-51 to authorize the Mayor to execute an amendment to the existing Payment In Lieu Of Taxes agreement with Penns Grove Preservation, LLC for the property at 1 Helms Cove. The amendment concerns financial terms related to the property's tax obligations under the PILOT structure.
Contract Details
Vendor
PENNS GROVE PRESERVATION LLC
Agency
Borough of Penns Grove, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Renewal Info
Amendment to existing Payment In Lieu Of Taxes agreement; specific changes to terms are not detailed in the agenda.
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