Red Bank Republicans: Dupont gives taxpayers dollars to millionaire developer

Red Bank GOP Council Candidates Mark Taylor, right, and Mike Whelan.

Red Bank GOP Council Candidates Mark Taylor and Mike Whelan.

Red Bank Republican candidates for borough council, Michael Whelan and Mark Taylor, issued a statement criticizing their opponent, Councilman Michael Dupont, and the rest of the Democrats on the council for giving John Morrongielo, the private investor who owns the Locust Landing affordable housing development, a $75,000 break on fees due under the developer’s PILOT (payment in lieu of taxes) agreement and municipal services agreement after 16 of the 40 affordable rental units were damaged by Superstorm Sandy.

Dupont laughed uproariously yesterday when he heard the Republicans claims and said that they were “outlandish”and “inaccurate.”

On September 10, 2014, Dupont introduced Resolution 14-242 which granted temporary relief from paying annual service charges to Locust Landing for 2013 and 2014 and provided that the Land Taxes paid on the property be applied to the service charges due under the PILOT agreement.

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Posted: October 14th, 2015 | Author: | Filed under: 2015 Elections, Monmouth County News, Red Bank | Tags: , , , , , , , , | 1 Comment »