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Vernon Considers Park Funding; Committee Will Be Formed

Bond In Investing Savings In an effort to continue moving forward, the Vernon Township Council has started a discussion about the cost and funding for the 180-acre Maple Grange Community Park.

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Bond Investment Toledo Toledo The property, off Maple Grange Road, known as the former Fagan property, was purchased in 1999 with the hope of making it into a community recreational facility.

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James Bond Trading Card But township resident and avocational archaeologist Rick Patterson believes that the property holds thousands of years of history of the Nanticoke Lenni Lenape. He claims he uncovered thousands of artifacts from the property.

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Bond In Investing Stock With that belief, he filed a court injunction as the township began grading work on the site in May. After the injunction was filed, all work was halted until a judge granted the township permission to work on the property outside of the 23 acres in question.

Earlier this year, however, the township planning board determined Conectiv technically isn't a public utility, but is a private generator that formed out of deregulation. As a result, the township committee is now considering whether to amend the local zoning code to allow construction by a private generator. The proposal has divided the committee and angered Bordentown residents. Ruth Nelson, 81, has lived in the township since 1951 and is upset about the steady encroachment of development around her.

Municipal Bonds Investment But before the township could move forward, it hired LaPorta & Associates of Warwick, N.Y., to conduct a study. The preliminary results of the study concluded that a small portion of the 23 acres was historically significant.

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Bond Terms Trading The study was conducted in order for the township to support its case to the state Historic Preservation Office that the site, nominated for historic designation, is not historically significant.

Bond Debt High In Inside The township redesigned its concept for the park to exclude the possible historic area. But the question, How much will the park cost to develop? still remains.

Bond Greenville Greenville The township purchased the property for $1.1 million and applied for state Green Acres funding that could bring $500,000 toward that purchase.

Trading Stock And Bonds It bonded for $2.2 million in 1999 for the purchase and development of the property.

Bond Investing Municipal The cost of developing the park will be determined in the next couple of months, Mayor John Logan said.

Basis Bond Finance Hill Since the council has already bonded $1 million for the development of the property, Logan said it is important to find additional funding sources without having to go back to the taxpayers.

Bond Explained Terms Trading We want to get a sense of funding sources. I think creating a committee to explore funding options would be a good idea, Logan said. He suggested finding a secure stream of annual funds and bonding for the amount that could be supported by those annual funds.

Bond Business Investing Stock He had suggested that the township Recreation Commission could find the funding, but Pat Seger, recreation director for the township, said someone with a fund-raising background might be a better candidate. Seger made several suggestions that could be possibilities for raising money to support the cost of constructing the park.

Bond Houston Houston Included in those suggestions were revenue generated from the various sports organizations holding yearly tournaments, bringing back Vernon Day with a carnival-type setting or using corporate sponsors.

Stock Bonds Day Trading It is important, though, that whatever the effort is, it is done as a community. We really need to keep the community involved, she said. A grant through the U.S. Soccer Club is also being explored, Seger said. Township Manager Meredith Robson said Green Acres funding may also be available to develop the park for construction costs.

Bond Corporate Investing Logan suggested a funding committee be made up with five members of the community. The council will make a final decision on creating the committee, to be known as the Friends of Maple Grange Park, later this month.

Investment Bond Uk By Amber Boyce
New Jersey Herald - 10/15/2001

Topic: Highlands

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