EGG HARBOR TOWNSHIP — Township Committee introduced two ordinances Wednesday that would authorize a tax-abatement agreement for two buildings in Oak Tree Plaza.
The agreement would be with Egg Harbor Township Associates LLC, which owns the plaza, but care of Wolfson Group Inc., the management company for the plaza.
The ordinances are for the 35,000- and 7,200- square-foot, multi-tenant buildings at the Black Horse Pike and Fire Road.
The larger building houses KicksUSA and Petco, while the smaller features Starbucks, Sally Beauty Supply, Coco Nails and T-Mobile.
It’s the standard five-year tax abatement program, Miller said. The first year, they would pay none of the improvement value in property taxes, but that would increase by 20 percent each year, with 100 percent due in the sixth year.
In other business, two ordinances were introduced to merge two streets and an unnamed alley in the Morris Beach area with township land around them.
The first was for Bethune Avenue and a portion of Waterway Avenue and the second for an unnamed alley.
Miller called them “paper streets” that never were built or improved upon, adding there is no public need to use them.
The public hearing on all four ordinances will be held April 4.