Allendale Council Tackles Fire Department Funding and Fair Housing

Overview: The Allendale Borough Council convened to address a range of issues, with discussions centering on the provision of additional funding for the fire department and the contentious topic of fair share housing. The council also focused on the formalization of its goals, aiming to increase transparency and public engagement, and detailed various community projects including infrastructure improvements and public safety initiatives.

School Board Tackles Safety Concerns Over Proposed Gun Shop

Overview: The latest Board of Education meeting held on February 21st saw discussions and decisions, with the most pressing topic being the proposed establishment of a gun shop near school grounds. This matter spurred considerable debate among board members over the potential safety risks it posed to students. The seriousness of the issue led to the motion for the Finance, Security, and Grounds Committee to investigate the implications of the gun shop’s presence in the community. The board emphasized the need for a collaborative meeting with school administrators, local police, and other concerned parties to thoroughly address the community’s apprehensions.

Egg Harbor City Council Recognizes Retirees, Advances Development and Public Safety Initiatives

Overview: In a gathering, the Egg Harbor City Council addressed key city developments, including the retirement of two long-standing city employees, advancement of public safety communications, and updates on property development and municipal services. Chad, a Public Works employee, and Sergeant Jennifer Hurley were honored for their decades of service. The council also progressed with plans for a fire department grant, a food drive, and celebrations for the local swim team’s success.

Vernon School Board Approves New Member Amidst Ethical Discussions and Public Concerns

Overview: In a move that will shape the future of local education, the Vernon School Board has filled its vacant board member seat during its recent meeting. After interviewing three candidates, the board recommended Carolyn Ross, a former English teacher and instructional coach, for the position. Despite some public debate and an accusation of nepotism, Ross was approved to serve from February 15 through December 31, 2024. Her appointment came amidst a meeting fraught with discussions on ethics, board member conduct, and public communication.

Cocoa Beach Pension Board Approves Full Redemption from ASB

Overview: The Cocoa Beach Pension Board has unanimously approved a full redemption request from the real estate investment manager ASB during their latest meeting. This decision follows a detailed evaluation of ASB’s underperformance, particularly within the real estate sector, where approximately 47% of ASB’s properties are over 20 years old and facing tenancy challenges due to a preference for newer buildings. ASB had historically used less leverage compared to peers, but concerns were raised after their leverage increased late in the cycle. The redemption process is expected to unfold over multiple quarters due to the slow real estate market and the firm’s guidance is likely to evolve during this time.