Monday, October 16, 2006

East Third/Richmond Proposal Up Tonight

Tonight’s City Council agenda session (Monday, Oct. 16, 2006) will include a discussion of Capodagli Property Company’s proposal for the East Third/Richmond redevelopment site. The council also be asked to consider a resolution giving the company conditional designation as the redeveloper and asking the Union County Improvement Authority to develop a “redeveloper’s agreement” with the company.

The meeting is 7:30 p.m. in City Hall Library, 515 Watchung Ave. If moved to the agenda, the resolution will be up for a vote at Wednesday’s regular council meeting, 8 p.m. in Municipal Court, 325 Watchung Ave.

Coincidentally, a second hearing on the East Third/Richmond redevelopment plan ordinance will be held Wednesday and it will be up for final passage.

The East Third/Richmond site is slated for high-rise, multi-family development with a small commercial portion. Tonight’s discussion will reveal details of the proposal, such as how many units the developer wants to build. Capodagli will have 90 days to work out the redeveloper’s agreement with the city and the UCIA.

--Bernice Paglia


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