The first question on the special election ballot will ask voters if they support a $1.4 million bond ordinance for the construction of a community center and the second will ask if they support a $3.6 million bond appropriation for the building of a new beach utility.
Both questions must pass for the borough to move forward with bidding process for a 8,609 square foot structure that will replace library and beach buildings destroyed by Hurricane Sandy in 2012. The building will have two floors that will also include an oceanfront deck, storage for police, fire and public works equipment and meeting space that will also be available for event rental by the public.
The borrowing for the $1.4 million bond will be repaid by taxes and the borrowing for $3.6 million is "anticipated to be fully repaid by revenues of the Beach Utility from beach user fees."
The third question will ask voters to ratify a $7.9 million bond ordinance that would fund the construction of a municipal complex through a tax increase. The complex will be over 14,000 square feet and will replace the fire house and police/first aid buildings lost to Sandy. It will include an extra bay for equipment storage and have space on the second floor that will allow for the relocation of all borough administration functions and records storage.
FEMA and insurance and the borough's beach access fund will cover roughly half the cost of the two buildings, leaving about a $7.3 million cost for the municipality.
The tax impact on the owner of an average home in the borough valued at $500,000 would be an increase of $90 on their tax bill to help fund the cost of the two buildings project at their projected costs. Borough officials have said they believe the tax impact will be offset by paid parking and income from the cell tower that will be placed behind borough hall.
A drop-in informational session will be held at Sea Bright Borough Hall on Wednesday, Sept. 7, from 4 p.m.-7 p.m.