woodbridge township school district emblem

READ: Self-storage facility proposed for Hopelawn section of Woodbridge The total bond amount, minus the anticipated state aid for the project, and the school district's contribution, will be $69,219,881, the mayor said. 'The profit, along with about $90 million in property tax revenue from the site over the next 30 years, will cover the debt service on the entire referendum after subtracting nearly $13.5 million in state aid and the school district's contribution of $5 million.' 'We will realize a profit on selling the land to the redeveloper of this warehouse project,' McCormac said. The site, about 60 acres of land which was the former home of the Woodbridge Developmental Center, and a neighboring 9-acre parcel formerly owned by Conrail, was purchased by the township for about $7 million last summer, the mayor said. McCormac said the bonds for the projects would be paid with profit from a property sale in Avenel and property taxes generated from a large warehouse a redeveloper will build at the site. It's a great opportunity for the township and school district.' 'Now we don't have to worry about those capital projects, maintenance or replacing those big-ticket items. 'If the funding came from the school district's budget, we would have to take something out of the budget and usually it's instructional,' Zega said. 5, which was built in 1948 and Ford Avenue School No. 4, which was built in 1912 Avenel Street School No. Superintendent of Schools Robert Zega said the referendum calls for projects at nearly all the township's schools, including the three oldest – Avenel Street School No. A community is known for the schools it keeps and Woodbridge will be better as a township if our schools are better.' It just makes sense to share our good fortune with the school district because we represent exactly the same residents. 'We're fortunate that we have a lot of economic development going on.

'The board has the need and fortunately the township has the resources,' Mayor John E. WOODBRIDGE – Residents will vote Tuesday on an $87.7 million school referendum that township and school officials say, if approved, wouldn’t increase their property taxes. Watch Video: Why you need the My Central Jersey mobile app

Woodbridge township school district emblem