The borough assembly voted on Monday to continue moving forward with negotiations for a possible land swap with Petro 49, Inc. after new information regarding costs to the borough were revealed.
In the land swap, the borough would acquire land owned by Petro 49, Inc. that includes a warehouse that could be utilized by the harbor department. A roof inspection by Curtiss Improvements of the warehouse, showed that although it appears to be in good condition, there is some rust and maintenance issues that have an estimated cost of $3,000 to address.
As part of the exchange, Petro 49, Inc. vowed in...
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