0:28A major agenda item was the leasing situation regarding a Mobile Wireless Communications tower on Industrial Way. Crown Castle, the primary leaseholder, has proposed two options: a 30-year lease renewal with reduced rent or a one-time buyout offer of $1.5 million. The current annual revenue from the tower stands at $159,800, generated through leases with Crown Castle, T-Mobile, and Verizon. However, the borough holds a covenant to assume ownership of the tower upon lease expiration in August 2025, which could potentially increase revenues to $300,000 annually if new market-rate leases are negotiated.

The conversation highlighted the strategic position of the tower, making it a valuable asset for high-frequency traders due to its proximity to regional data centers. The council is considering reaching out to Gotham Communications and MD7, a firm representing Crown, to evaluate market value and offers further. A tower audit is also on the table to ensure compliance with safety standards, with a decision expected by June on lease renewals or issuing requests for proposals.

18:48Another focal point was the borough’s redevelopment plans, specifically concerning areas designated as needing redevelopment, including blocks near the train station. The council discussed the potential benefits of broader redevelopment initiatives, which could standardize regulations and enhance economic opportunities. The proposal to expand the existing redevelopment plan to cover more areas was considered, with the intent to maintain consistency in building height and density regulations.

The planner emphasized the importance of established parameters to provide clarity to developers. Discussions will continue, with the council gathering feedback and ideas for future deliberations.

1:00:00Public safety and infrastructure were also prominent topics. A traffic safety study led to recommendations for additional LED stop signs and illuminated pedestrian crossings to improve safety in busy areas. The council expressed interest in expanding the study to other parts of town, focusing initially on ADA compliance for sidewalks and curb ramps before a full expansion. Concerns about handling too many projects at once were noted, with a council member cautioning against overwhelming the community.

1:14:46The council reviewed the 2025 Municipal budget, proposing increases in IT and traffic device budgets to address outdated equipment and enhance public safety measures. A focus was placed on infrastructure improvements, including upgrades to well systems and electrical enhancements for water facilities. The water budget saw an increase to address ongoing infrastructure demands, with discussions about outdated equipment and the potential shift of funding from capital to operating expenses.

1:29:13Public comments highlighted community involvement, with suggestions for cleanup events coinciding with a local 5K race and discussions on the frequency of garbage collection. The council reassured residents that no changes to pickup schedules were imminent and expressed willingness to provide data on the usage of electric vehicle charging stations in future meetings.