To date, the township has appropriated a total of $813,725 toward redevelopment of the Princeton Junction train station area. Of that amount, it has spent $701,983, while close to $112,000 is still left for redevelopment in the township’s coffers.
This is according to data provided in a printout by the administration to the Township Council during discussions at the March 14 meeting.
The money was appropriated throughout the redevelopment process, beginning in 2006, when $227,000 was appropriated. A subsequent ordinance was approved in 2008 for $200,000 more, followed by two ordinances in 2009 — one that appropriated $176,610, and another that set aside $210,000.
The administration also provided a breakdown of the expenditures to date. About $328,500 was paid over a period of time to the Hillier Group, while $97,216 has been paid over time to Planning Board Attorney Gerald Muller’s law firm, Miller, Porter, & Muller.
Traffic Engineer Gary Davies’ firm also appears on the memo twice. First, the expenditure for $88,000 was paid to Urbitran Associates. Another $52,000 was paid to Aecom Transportation (formerly Urbitran) later on. These are total costs accumulated over time.
Maser Consulting, township planner John Madden’s firm, has been paid a total of $76,551 over time, while redevelopment attorney Ed McManimon’s firm, McManimon & Scotland, has been paid a total of $50,000 to date (his firm was also paid $914.60 early in 2007 for costs associated with bonding, as he is also the township’s bond counsel).
Other miscellaneous costs also appear on the memo to counsel, including mailing, printing, and other expenses — to bring the total expenditures to $701,983.18.
