Continue reading Hudson Bike Share Announces Expansion of Program to Five More Cities
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Dear Residents,
Tonight the City Council will consider an important vote to authorize the use of eminent domain to acquire the 2nd acre of property for expansion of the Southwest Park and for the application to Green Acres for a grant to buy the land.
Since all of Hoboken is concerned about traffic, open space, overdevelopment, and taxes, I am writing to provide some information on this important project because unfortunately, Academy Bus has chosen to completely misrepresent the facts surrounding this issue. Here’s some information for you to consider:
Park funding is available with no tax increase: The City has an Open Space Trust Fund, approved by the voters by a 3-1 margin in a public referendum in 2007, that is set aside exclusively for park land acquisition and park construction. This fund currently has a balance of $7 million, and approximately $2 million is added to the fund each year. This fund, by itself, provides a bonding capacity of $69 million. This is enough to fund the debt for the purchase of the NW resiliency park as well as the two acres in the Southwest, without ANY increase in taxes. Continue reading Hoboken Mayor Zimmer letter to Residents Regarding the Southwest Park
On  Friday,November 19,  Mile Square Theatre staff and trustees shared a momentous occasion for the arts in Hudson County with an excited group of stakeholders. Leading the way with a ceremonial groundbreaking was MST Trustee President Zabrina Stoffel, MST Education Director Chase Leyner, Hoboken Mayor Dawn Zimmer, and Hudson County Freeholder Anthony Romano.
Mile Square Theatre’s new facility is designed by Nastasi Architects and is being built by Sabia Construction. It’s scheduled to open in March, 2016. MST Education programs will operate from the new facility, and the company will soon announce its first season of plays at the Artisan.
Also on hand at the groundbreaking were Hoboken Cultural Affairs Director Geri Fallo, Larry Bijou, Larry and Diana Henriques, Mark Villamar, Clark Machemer, Bayonne Community Bank’s Tom Coughlin, Joseph Javitz, and Kenny O’Neill, and Clifton Savings Bank’s Tricia Hrotko. Other MST participants were Trustee Jeanne Bossolina-Lubin, MST Managing Director Lauren Ciborski, MST Playwright-in-Residence Joseph Gallo, and MST Artistic Associate Mark Cirnigliaro. Continue reading Mile Square Theatre Breaks Ground on Its New Facility at the Artisan in Hoboken
Standard & Poor’s Global Ratings recently reaffirmed Hoboken’s AA+ bond credit rating, the second highest rating it issues. S&P noted Hoboken’s “very strong economy,†“strong budgetary performance,†“very strong budgetary flexibility,†“conservative approach to financial management†and “prudent financial management practices†which “continue to result in increased reserves each year.â€