WALL TOWNSHIP — Wall Township is one step closer to alleviating insufficient water pressure issues from residents after bond finances needed to construct a water tower in North Wall were approved by the local finance board, Wall Township Administrator Jeff Bertrand announced at Wednesday night’s committee meeting.
“It’s not on the agenda because it happened today, but I’m very pleased to report to the governing body that we went before the local finance board today on behalf of the utility authority, and the utility authorities bond financing for the development and construction of the North Wall Water Tower has been approved by the local finance board,” Mr. Bertrand said. “It was a unanimous vote and we had no questions, which I interpret means they were very pleased with our application.”
Mr. Bertrand said the tower will add “much needed pressure” where there are “routine” issues to a section of Wall Township bordered to the west of the Parkway and North of Hurley Pond Road.
The tank will hold between 1.5 and 2 million gallons of water and will be built Mack-Cali property off Route 34 north of Megill Road. The tank would be at ground level with pumps, not elevated, due to height restrictions from the nearby Monmouth Executive Airport.
The cost of the tank, to be constructed by the Southeast Monmouth Municipal Utility Authority [SMMUA], is estimated at $6.7 million. The SMMUA serves Brielle, Sea Girt, Spring Lake, Spring Lake Heights and Wall Township.
70 percent of that project will be funded by potential developers in the township, Mr. Bertrand said.
“… We think it’s a good public-private partnership and it’s very cost effective. The remaining 30 percent is being financed by the Utility Authority of which Wall Township only makes up possibly 65 percent of the funding of that 30 percent so it’s a very economical move for Wall Township.”
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