Archive for March, 2009

Neptune City Joins Effort to Abolish COAH

Thursday, March 26th, 2009

By JOANNE L. PAPAIANNI

The Neptune City Borough Council voted this week to support a new assembly bill calling for the abolishment of the Council on Affordable Housing.

Mayor Thomas Arnone said, “It’s a big burden on businesses, that they really shouldn’t have.”

Arnone said businesses must pay 2 percent of the assessed value of new building or improvements into the borough’s COAH fund. (more…)