The Lakes Are Back!

As anyone can see, the waters have returned to Upper and Lower Aetna Lakes.

Last week The Medford Lakes Colony completed its beach restoration project and Beach One was back in use last weekend and is ready for a great Labor Day weekend.

Beach Drive should be open for two way traffic within days pending the energizing of the electric lighting on the bridge by PSE&G. In late September, the Borough Police will be conducting traffic studies in the area and then making recommendations regarding any potential changes to traffic patterns on the bridge.

Work is progressing on the redesign of the Trading Post Way intersection with Stokes Road. This change will greatly improve traffic flows and safety for vehicles and pedestrians in the area. The work will be completed by September 6th.

Lower Aetna Dam will be officially opened for pedestrian traffic Thursday, September 6th with a brief ribbon cutting ceremony at 8:00 AM to welcome our students on the first day of school.

Northeast Remsco, the construction contractor, will be demobilizing their trailers in the Beach One parking lot by late September which will complete all the construction activities related to the dam restoration.

The Borough continues to work with FEMA, The State of New Jersey and our professionals to maximize our reimbursement for the construction costs. More information on reimbursement and final costs will be provided in the weeks ahead.

Third Quarter Tax Grace Period

The third quarter grace period for property taxes has been extended to September 24, 2007. If not paid by that date, interest will revert back to August 1, 2007.

Phone: 609-654-8898
Hours: 8:30am to 5:00pm

We have a drop box outside the building for after-hours payment.

Tax Rate Certification for 2007

The total tax rate is $5.11, this is up a total of 16.9 cents. Below is a breakdown:

• 2007 County Tax .675
• 2006 County Tax .656
• Difference .019

• 2007 County Library .062
• 2006 County Library .060
• Difference .002

• County Open Space .078
• County Open Space .072
• Difference .006

• Local School 2.113
• Local School 2.124
• Difference (.011)

• Regional School 1.083
• Regional School .999
• Difference .084

• Local Purpose 1.099
• Local Purpose 1.030
• Difference .069

• Total 2007 Tax 5.110
• Total 2006 Tax 4.941
• Difference .169

A home assessed at the average $148,000, will see a total tax increase of $250

Special Meeting Notice

BOROUGH OF MEDFORD LAKES
BURLINGTON COUNTY, NEW JERSEY
PUBLIC SPECIAL MEETING NOTICE
In accordance with the provisions of the Open Public Meetings Act, N.J.S.A. 10:4-6 et seq., notice is hereby given that the Borough Council of the Borough of Medford Lakes, New Jersey will conduct a special at 7:30pm on Thursday, August 9, 2007, in Demby Annex, located at Vaughan Hall, 79 Tecumseh Trail, Medford Lakes, New Jersey 08055. The special session is to discuss the 2007 Budget. Official action may be taken. This meeting is open to the public.
Richard J. Knight
Acting Clerk