improvements, recreation, and sanitary sewer upgrades. It also identified new revenue
sources to support project funding and ensure financial sustainability.
The presentation also reviewed the projected timing of both expenditures and revenues,
highlighting anticipated cash flow needs and the sequencing of project implementation.
Attention was given to the relationship between the capital program and the operating
budget, including the potential impact that capital investments may have on future operating
costs and budget planning.
In addition, the presentation addressed external factors that could affect financial projections,
such as availability of Open Space funds, impact of a potential stormwater utility, state and
federal grants, and private donations. The presentation concluded with a discussion of next
steps, which includes a council retreat that will quantify the capital budget tax implications
over the coming 5-6 years and prioritize capital spending to minimize the impact on
tax-payers. The retreat will be noticed and open to the public for anyone who is interested in
attending.
IX.
ORDINANCE PUBLIC HEARING
Anyone wishing to comment on or ask a question about an ordinance(s) listed below for public
hearing and adoption can do so by either in person or Zoom. In person use the sign-up sheet on the
podium. To make a spoken comment, either click on "Participants" and use the "raise hand"
function, or- if attending by telephone- press *9. When it is your turn to speak the meeting host will
unmute you and the Mayor will recognize you.
An Ordinance by the Municipality of Princeton Revising the Definition of “Minor
Site Plan”; Modifying Certain Provisions Pertaining to Administrative Approvals and
Zoning Permits; Updating the Checklist for Minor Site Plan Applications; and
Amending the “Code of the Borough of Princeton, New Jersey, 1974” and the “Code
of the Township of Princeton, New Jersey, 1968.” - Roll Call
1.
Justin Lesko, Municipal Planner, provided an overview of the ordinance and explained that
it primarily serves as a "clean up" measure addressing several procedural items staff has
identified within the development application process.
Mr. Lesko explained one proposed change would revise the definition of a minor site plan so
that any application involving a variance, conditional use approval, subdivision approval, or
stormwater relief would automatically be classified as a major site plan application. The
remaining amendments relate to expiration dates for certain approvals including
administrative waiver of site plan review, and would harmonize the expiration dates for
zoning permits in the former Township with those currently applicable in the former
Borough.
Mayor Mark Freda opened the public hearing. Seeing no members of the public wishing to
speak either in person or via Zoom, Mayor Freda closed the public hearing.
ADOPTED
RESULT:
Mia Sacks
MOVER:
Leighton Newlin
SECONDER: