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The Township Committee advanced ordinances to acquire 368 Essex Street, including a $1.75 million appropriation and authorization to issue up to $1.65 million in bonds or notes; public hearings are scheduled for June 2, 2026. The committee also adopted $1.765 million in capital improvements and $200,000 in parking utility improvements.
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The 368 Essex Street purchase is not final yet; the ordinances passed first reading and must receive public hearings and further action. If approved, the purchase would be partly financed through municipal borrowing. Separately, the committee approved funding for capital work, including recreation facilities, public works equipment, fire department equipment, parking pay stations, and parking-lot lighting.
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