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Planning Board to consider Princeton Shopping Center designation


Planning Board to consider Princeton Shopping Center designation
Planning Board to consider Princeton Shopping Center designation
The Princeton Shopping Center’s potential designation as an area in need of redevelopment, along with adjacent properties on Clearview Avenue and Terhune Road, will be discussed by the Princeton Planning Board at its April 22 meeting.
The 7:30 p.m. virtual meeting will focus on a report, prepared by planning consultant Carlos Rodrigues, to determine whether those properties should be declared an area in need of redevelopment. The area is known informally as the North Harrison Study Area.
The properties include the Princeton Shopping Center at 301 N. Harrison St.; the former Princeton First Aid and Rescue Squad headquarters on the corner of N. Harrison Street and Clearview Avenue; 8 Clearview Ave. and 14 Clearview Ave., which are owned by the Municipality of Princeton; and 351 Terhune Road, which is a vacant parcel on the corner of Nor ....

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Coalition wants town to turn Princeton First Aid and Rescue Squad buildings into a community center -


The vacant Princeton First Aid and Rescue Squad building on Harrison Street next to the Princeotn Shopping Center. Photo: Krystal Knapp.
An interfaith coalition of area residents is asking the Princeton Council to turn the former Princeton First Aid and Rescue Squad properties into a community center that will serve vulnerable people. Residents suggested that the center become the home of Corner House, as well as the town’s health and human services departments.
The Princeton First Aid and Rescue Squad building is vacant. One house on Clearview Avenue is vacant, and Princeton University students who are members of the rescue squad are living in the other house. The properties are now owned by the municipality. Instead of selling the properties, which was proposed by one council member, or using them for some other purpose, the coalition wants the town to use the properties for human services-related services and housing for the homeless. ....

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Princeton residents could face municipal tax increase to make up for $2.7 million budget shortfall


The municipality of Princeton is facing a budget shortfall of $2.7 million for 2021. Staff members are looking for areas where the proposed budget could be cut, but taxpayers could see a tax rate increase of up to two percent if savings are not found.
Last year, the municipal tax rate was 49 cents per $100 of assessed property value. The owner of a home assessed at the 2020 town average of $838,562 paid $4,277 in municipal property taxes in addition to school and county taxes last year.
Administrator Marc Dashield said the town is already using $2 million from surplus funds in the budget. The original budget shortfall was $4.7 million, he said. Town officials don’t want to use more surplus because the town will be borrowing lots of money to build affordable housing projects in the near future, and officials are concerned about maintaining the town’s strong bond rating. ....

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