Wantage to take ownership of Lake Neepaulin

Public hearing on transfer scheduled for August


Make text smaller Make text larger




Lake neepaulin saga

March 20: Special Assessment change for FOLN to pay 50 percent instead of 10 percent of the $1 million Lake Neepaulin Dam loan.
April 24: FOLN offered ownership of Lake Neepaulin to Wantage Township
May through Mid-June: Transfer of ownership agreement developed
June 12: Wantage Committee reviewed status
Mid-June to Mid-July: revised Turnover Agreement
July 17: Wantage Committee reviewed final draft of Turnover Agreement, and ccepted agreement
August: Final hearing for the ownership of Lake Neepaulin and special tax assessment could be repealed.
About Sept. 1: Closing
Future: Adopt a resolution for the CFO (Chief Finance Officer) to amend the Wantage Township Budget. NJDEP Loan will be repaid as a Green Acres Loan repayment.
Nov. 1: Wantage Committee could adopt a resolution recognizing Lake Neepaulin and beach as a Wantage Township Park.mRecreation Commission will report anticipated budget impact for review and approval.


WANTAGE — The Wantage Township Committee unanimously voted to accept ownership of Lake Neepaulin on Thursday, July 17.

The final public heraring will take place in August.

Mayor William DeBoer said an attorney representing the Friends of Lake Neepaulin contacted Township Attorney Glenn Kienz to explain the gropu cannot afford the new special assessment terms.

Therefore, the group proposed relinquisihing ownership to the township.

During public comment, one member of the public was against acquiring Lake Neepaulin.

Two others were for the action.

On March 20, the committee changed the Friends of Lake Neepaulin terms from 10 percent to 50 percent of the special assessment for the $1 million dollar Lake Neepaulin Dam loan owed to the New Jersey Department of Environmental Protection Agency.

Residents had been furious about the originally proposed special assessment.

Discussions and meetings took place from May through mid-July to revise the Turnover Agreement, and during an executive session, the committee reviewed the proposed final draft.

DeBoer said that simultaneously with the final acceptance of ownership of Lake Neepaulin at the August meeting, the special tax assessment for the Lake Neepaulin Dam reconstruction project will be repealed.

The annual cost obligations of the Lake Neepaullin NJDEP Loan repayment will be treated as all other Wantage Township NJDEP Green Acres loans.

The closing should take place on or about Sept.




Make text smaller Make text larger

Comments

Pool Rules



MUST READ NEWS

Pageant winners

Read more »
Image

Marilyn Crowell Seely
Marilyn Crowell Seely, age 79, entered eternal rest at her home Tuesday, May 22, 2018, surrounded by her loving family.
Marilyn was born to the late Merrill and Irene Crowell...

Read more »
Image

Jack Allan Pfeifer
Jack Allan Pfeifer, 84, died peacefully in Hospice House, Cape Coral, Fla., on Sunday, April 15, 2018.
His life started in Brooklyn, N.Y., from there to South Ozone Park,...

Read more »
Image

VTHS students celebrate poetry
English students in Ms. Devon Westra’s class at Vernon Township High School celebrated the end of their poetry unit by...
Read more »
Image

VIDEOS



Subscribe to our mailing list

* indicates required
Community Newspapers


MOST READ

Local News
Vernon Challenge to begin June 2
  • May 23, 2018
Letters to the Editor
Residents muse use power of voices
  • May 21, 2018
Business & Real Estate
Wantage home must be seen
  • May 23, 2018
Letters to the Editor
Crass buffoonery has no place in party
  • May 22, 2018

MOST COMMENTED



Find more about Weather in Lafayette, NJ