Council settles agreement on Steinbach payments
Developer will pay half million today, balance over two years
Members of the Asbury Park City Council voted Wednesday to finalize an agreement with downtown developer Sackman Enterprises to recoup five years’ worth of payments in lieu of taxes the city failed to bill the developer for. The vote passed 3-1. Deputy Mayor Sue Henderson and Council members Amy Quinn and John Loffredo voted yes. […]
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