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Re: $7.7 million in bond debt
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Someone email me after that person saw my video. He said, do you think Conrail properly abandoned their property such as the Pep Boys or Newport? Probably not.

Posted on: 2015/9/28 14:23
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Re: $7.7 million in bond debt
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Posted on: 2015/9/27 22:05
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Re: $7.7 million in bond debt
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The grants are from: state of NJ, Port Authority, Hudson County and the NY/NJ Baykeeper.

Posted on: 2015/9/22 16:10
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Re: $7.7 million in bond debt
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You know... if the city doesnt ultimately acquire the Embankment, the grants are meaningless...

Let's play this out a little: forget the grants to ultimately take the space for the city or keep the grants for green space we never get... or keep up the legal battle finding alternative options that include keeping the grants; I like option 1.

Also - grants are tax payer money (in some form or another) - so yeah, there's that.


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Yvonne wrote:
When the city council renamed the embankment as a rail line under the urging of Mayor Fulop, this action has cost taxpayers money. Taxpayers must replace grants that the previous city council secured for green space. The ordinance is 15.125. We have spent $2 million in legal fees and now this.

Posted on: 2015/9/22 15:51
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Re: $7.7 million in bond debt
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The city should have know the result of this renaming but they didn't. Even the city council was upset, they asked the administration why weren't they told they might lose funding? The answer - the didn't know. Let's get real, if the city cared about open space, they would require Silverman and Kushner to have open space in their projects. We just see wall to wall concrete. And the city administration also said we don't know what the total cost will be. I will admit I also like open space, but Newport torn down the embankment that was on their property years ago. Fulop was part of the previous council, he should have known better.

Posted on: 2015/9/22 15:17
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Re: $7.7 million in bond debt
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Quote:

Yvonne wrote:
When the city council renamed the embankment as a rail line under the urging of Mayor Fulop, this action has cost taxpayers money. Taxpayers must replace grants that the previous city council secured for green space. The ordinance is 15.125. We have spent $2 million in legal fees and now this.


If you are so eager to develop this land shouldn't you be taking this fight to the Embankment Preservation Coalition? Here is their website: http://www.embankment.org

I'm sure the developer Steve Hyman would love an anti-Embankment group to form, why not start it then?

Posted on: 2015/9/22 14:59
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$7.7 million in bond debt
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When the city council renamed the embankment as a rail line under the urging of Mayor Fulop, this action has cost taxpayers money. Taxpayers must replace grants that the previous city council secured for green space. The ordinance is 15.125. We have spent $2 million in legal fees and now this.

Posted on: 2015/9/22 13:57
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