Thursday, April 4, 2019

LIC To sell land for 25 Million

The Lakewood township recently transferred land owned by the taxpayers in the industrial park area to the Lakewood Industrial commission, now the LIC is putting it up for auction with a minimum asking price of $25 Million dollars. It is a 70 acre parcel located off Airport rd and Cedarbridge avenue. The LIC takes control of all deals and properties that are in its jurisdiction. The money and revenue generated in industrial park from township owned land  usually  goes back to the LIC budget account not to the township coffers. The money from the Blueclaws lease for the stadium goes to the LIC account.

 What will the LIC do with the 25 million are they building another stadium, is there a major project going up, or will the profit of the sale help lower property  taxes which are going up next year for homeowners.
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5 comments:

  1. AnonymousApril 4, 2019 at 10:40 AM

    This land was transferred from the township???

    ReplyDelete
  2. JoeBagelApril 4, 2019 at 11:55 AM

    Excellent question. You can lease lot of $500 a month vehicles for board members with $25 million

    ReplyDelete
  3. AnonymousApril 4, 2019 at 1:56 PM

    Ordinance Of The Township Of Lakewood, County Of Ocean, State Of New
    Jersey, Authorizing The Private Sale And Conveyance Of A Portion Of Block 1160,
    Lots 220, 242 And 246 (No Assigned Address In The Area Of Cedarbridge
    Avenue) Comprising Approximately 150 +/- Acres Along Airport Road Lying Within
    The Township Of Lakewood, County Of Ocean, State Of New Jersey, Pursuant To
    N.J.S.A. 40A:12-13, Et Seq., To The Lakewood Township Industrial Commission
    For Nominal Consideration

    ReplyDelete
  4. AnonymousApril 4, 2019 at 1:58 PM

    Resolution awarding a Professional Services contract for performance
    of Real Estate Appraisal Services to Starmark Appraisals, 930 E
    County Line Rd, Suite 4, Lakewood, NJ 08701 relative to update of
    appraisal of lands known as Block 1160 Lots 242 and 246 in the
    amount of $3,975.00
    180902 Resolution awarding a Professional Services contract for performance
    of Real Estate Appraisal Services to Integra Realty Resources, 1415
    Hooper Avenue, Suite 306, Toms River, NJ 08753 relative to appraisal
    of lands known as Block 1160 Lots 242 and 246 in the amount of
    $8,250.00
    180903 Resolution awarding a Professonal Service contract for Professional
    Survey Services to GTS Consultants, 2 Monmouth Avenue, Freehold,
    NJ 07728 in the amount of $1,975.00 for survey services on lands
    known as Block 1160, Lots 242 and 246.

    ReplyDelete
  5. AnonymousApril 5, 2019 at 9:14 AM

    Why was this property put up for sale who wants it

    ReplyDelete