This morning the
Asbury Park Press Neptune Nudniks have an article about something that might be happening and that might cause something else that’s bad to happen.
Two of the three mayors on the Fort Monmouth Economic Revitalization Authority may be breaking confidentiality rules — and possibly jeopardizing millions of dollars in redevelopment deals — to keep their governing bodies up to date on property negotiations affecting their towns. (Emphasis added)
In a nutshell, the Fort Monmouth Economic Revitalization Authority (FMERA) is the entity responsible for redeveloping the fort that Congressmen Frank Pallone and Rush Holt let get away. The authority is governed by a 13 member board. 6 of the board members are representives of the State government. 1 is a Monmouth County Freeholder, 3 are “public members.” The final three are the mayors of the communities that host the fort, Oceanport, Tinton Falls and Eatontown.
Here’s where APP reporter Bill Bowman got a basic fact wrong:
A state authority under the umbrella of the state Department of Community Affairs, FMERA is the sole body that seeks out potential buyers and lessors and negotiates and approves contracts for the property.
FMERA is not under the umbrella of the state Department of Community Affairs. It is an independent authority staffed by the New Jersey Economic Development Authority.Art Gallagher | Filed under: Asbury Park Press, FMERA, Fort Monmouth, Neptune Nudniks | Tags: Asbury Park Press, Bill Bowman, Bruce Steadman, Eatontown, FMERA, Fort Monmouth, Michael Mahon, Micheal Skudera, Middletown Library, Neptune Nudniks, Oceanport, Susan O'Neal, Tinton Falls | 3 Comments »