NOTICE OF PUBLIC HEARING

     TOWNSHIP OF WINSLOW

 ORDINANCE OF THE TOWNSHIP OF WINSLOW, COUNTY OF CAMDEN, AND STATE OF NEW JERSEY, AMENDING ORDINANCE O-2024-004 AUTHORIZING A FINANCIAL AGREEMENT PURSUANT TO THE FIVE-YEAR EXEMPTION AND ABATEMENT LAW WITH CORRIDOR CONSTRUCTION, INC.

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WHEREAS, the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A-1, et seq., as amended and supplemented (the “Redevelopment Law”), provides a process for municipalities to participate in the redevelopment and improvement of areas in need of redevelopment or rehabilitation; and

WHEREAS, on May 22, 2018, the Township Committee adopted Resolution R-2018-248, designating parcels identified as Block 1502, Lot 10 (the “Property” or “Redevelopment Area”) as an “Area in Need of Redevelopment” in accordance with the Redevelopment Law, referred to herein as the “Redevelopment Area;” and

WHEREAS, pursuant to Ordinance O-2018-025 adopted on November 20, 2018, the Township Committee adopted a redevelopment plan entitled the “Maressa Redevelopment Plan” (the “Redevelopment Plan”), and which sets forth, inter alia, the plans for the redevelopment and rehabilitation of the Redevelopment Area; and

WHEREAS, the provisions of the Five-Year Tax Exemption and Abatement Law, N.J.S.A 40A:21-1, et seq. (the “Exemption Law”), permit a municipality to exempt from the payment of real estate taxes, for a limited period of time, any improvements made in the development of a rehabilitation area, subject to the terms and conditions of a tax agreement complying with the requirements of the Exemption Law; and

WHEREAS, Corridor Construction, Inc. having offices at 191 West White Horse Pike, Berlin, New Jersey 08009 (the “Entity”), has taken title to the Property and submitted a proposal to the Township to construct a 94-unit single-family residential project identified as (the “Project”) or (“Project Improvements); and

WHEREAS, the Township adopted Ordinance O-2019-029 on November 16, 2019 authorizing a Financial Agreement pursuant to the Five-Year Exemption and Abatement Law with Corridor Construction, Inc.; and

WHEREAS, the Township has received a request from the owners of property located at 28 Senators Way, Block 1502.01, Lot 14, which is encompassed within Ordinance 0-2019-029 who now seek totally disabled veterans status for tax exemption purposes; and

WHEREAS, the owners of 28 Senators Way, Block 1502.01, Lot 14 should be removed effective December 3, 2025 the date they originally filed their application for exemption on December 3, 2025; and

WHEREAS, the Township will issue a refund of the taxes paid by the owners of 28 Senators Way, Block 1502.01, Lot 14 effective December 3, 2025, the date of their initial application for exemption; and

WHEREAS, the Township has contacted the State of New Jersey, Division of Taxation who has informed that in order to provide the owner of 28 Senators Way with totally disabled veterans status for tax exemption purposes it is necessary to amend Ordinance O-2019-029 accordingly; and

WHEREAS, the Mayor and Township Committee find that the totally disabled veterans status for tax exemption purposes for the owner of 28 Senators Way should take priority and preference over the Five-Year Exemption and Abatement Law so that this disabled veteran can achieve complete tax exemption status for his service to his country.

NOW THEREFORE BE IT ORDAINED, by the Mayor and the Township Committee of the Township of Winslow, as follows:

SECTION 1.  The aforementioned recitals are incorporated herein as though fully set forth at length.

SECTION 2.  The owner of the property located at 28 Senators Way, Block 1502.01, Lot 14 in the Township of Winslow, County of Camden and State of New Jersey is hereby removed from the Financial Agreement under the Five-Year Exemption and Abatement Law as set forth in Ordinances O-2019-029 so that they may apply for and receive, if eligible, tax exemption status as totally disabled veterans as provided for under law and as determined by the Township Tax Assessor and the Township shall issue a refund of the taxes paid by the owners of 28 Senators Way from December 3, 2025, the date of their initial application for exemption.

SECTION 3.  In the event the property located at 28 Senators Way in the Township of Winslow, County of Camden and State of New Jersey loses eligibility for tax exemption purposes as set forth herein, said property may be reinstated into the Financial Agreement as set forth in Ordinances O-2019-029 to the extent the property is still eligible for same.

SECTION 4.  This Ordinance shall take effect after final adoption and publication according to law.

 Notice is hereby given that the foregoing Ordinance was introduced and passed upon first reading at a regular meeting of the Mayor and Township Committee of the Township of Winslow on the   10th day of  February, 2026 at 7:00 P.M., and the same was then ordered published according to law; and the same ordinance will be further considered for final passage during a meeting of the Mayor and  Township Committee of the Township of Winslow to be held in the Mayor Dominic Maiese Municipal Complex, 125 S. Route 73, Braddock, New Jersey on February 24, 2026, commencing at 7:00 P.M., prevailing time, or at any time and place to which such meeting from time to time may be adjourned. All persons interested will be given an opportunity during said time to be heard concerning such Ordinance by order of the Mayor and Township Committee. 

LISA L. DORITY, RMC 
MUNICIPAL CLERK