Secaucus agrees to make Meadowlands tax sharing payment

SECAUCUS — For many years, the towns in the Meadowlands that were permitted by the state to allow development have had to pay tax money into a state fund to help out the towns that are forbidden for environmental reasons from allowing development.
Secaucus and North Bergen were among the towns that had to pay into the fund. But this year, they decided to protest what they believed to be an unfair formula. North Bergen ultimately gave its contribution, but Secaucus held off.
Recently, representatives from several towns met to discuss alternatives to the plan.
On Monday afternoon they held a press conference to announce their suggestions for other sources of income for the fund.
It was also announced that Secaucus will make its payment after all, as a show of good faith to encourage the state to consider these alternatives.
To read more, see this weekend’s Secaucus or North Bergen Reporter, or check out hudsonreporter.com starting Sunday.

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