RIDGEWOOD, N.J. — Ridgewood Council will vote on a bond ordinance to raise the necessary $12.3 million dollars to build a parking deck on Hudson Street at the Jan. 6 work session.
If the ordinance fails to pass the council, the town may turn to the Bergen County Improvement Authority to finance the project, Ridgewood Mayor Paul Aronsohn told Daily Voice.
The village would then lease the property until they can pay back the Improvement Authority, he said. Ridgewood has been in talks with the Improvement Authority for the last two years, the mayor said.
"What is important is recognizing an overwhelming majority of folks support us building a parking deck and we need to honor that," said Aronsohn, citing a referendum from last year in which roughly two thirds of voters supported the construction of a parking deck.
The proposed parking deck would be a 136,550-square-foot structure standing 49 feet tall. The structure — complete with a 68 foot tower — will provide parking for 405 cars, or a net gain of 305 parking spaces.
The work session will take place at the Ridgewood Village Hall at 7:30 p.m.
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