Haddonfield BOE and Borough Approve Sale Agreement with Bancroft
In separate meetings Tuesday, both boards approved the $12.2 million sale.
The borough Board of Education and Board of Commissioners, in separate meetings Tuesday, approved an agreement of sale to purchase the 19-acre Bancroft property on Kings Highway East for $12.2 million.
Both meetings were sparsely attended, with less than 10 people at each, but still produced some pointed questions about the Bancroft purchase, part of a $16.9 million bond referendum in January to buy and redevelop the parcel adjacent to Haddonfield Memorial High School.
Sherry Gallagher, a Chews Landing Road resident, pressed school board President Steve Weinstein about an appraisal of the property that placed its value at $15.1 million. That amount nearly doubled an $8 million appraisal in 2005.
"I think the appraiser used a failed comparison method," Gallagher said. "The planning board and zoning board have never permitted that type of build-out for Bancroft. To make that assumption for a property that is not zoned for institutional is not a valid comparison."
Last week, Weinstein cited the institutional use of the property, as opposed to a residential use assumption for the 2005 appraisal, is what helped boost the property value from then to now.
Gallagher also questioned why the new 75-page appraisal was not available before a school board meeting last Thursday in which the appraiser, Harry Renwick, presented his findings to the board and the public in another sparely attended meeting.
"We had a public meeting in which the appraiser presented these questions," Weinstein said. "If we need, we could always have him come back."
The school board meeting Tuesday was a special meeting with only the sale agreement on the agenda. Weinstein said the agreement was not ready to be presented during the regular board meeting last week.
Cathy Freeman, a former borough school board member, asked Weinstein and the board about the total cost of the referendum.
"This community is giving you the authority to spend $16.9 million and I'm confused with when you say you're not sure about the open-space funding and you won't go out for bond," Freeman said.
Weinstein admitted the board may not know how much the bond could be reduced by the Jan. 22 referendum.
The final cost of the project may be reduced by open-space preservation funding from the county and state and a private initiative to raise $500,000 to pay for half the cost of installing artificial turf at the high-school football stadium and an adjacent field owned by the borough. The borough and school board have agreed to pay the balance if the private effort reaches its goal.
That could reduce the bond issue by $800,000, the cost of the stadium turf. Nearly $2 million is included in the referendum for artificial turf at the stadium and to construct a new athletic field with artificial turf.
The borough has about $600,000 in an open-space tax fund and a commitment from the county for $500,000 in open-space funds, which could reduce the bond issue by another $1 million.
Borough Commissioner Ed Borden said Tuesday that the borough has about $2 million in committed funds for open-space preservation. It was not immediately clear where the additional $1 million will come from. The borough must match each dollar the county or state contributes for open space to qualify for the grants.
The school board unanimously approved the agreement after an hour-long public comment during the meeting at the middle school library. The vote was 6-0, with board members Maureen Eyles, Drew Hansen and Dennis Kelleher absent.
The borough commissioners also approved the agreement unanimously during a regular meeting at the Municipal Hall. All three commissioners were present.
The borough and school board have agreed to a joint effort to buy the Bancroft property. The borough is the designated developer of the redevelopment zone for the property, but the school board will issue the bond if voters approve. Another reason for the joint effort is the school board can not apply for open-space grants and the borough can.
Bancroft is a center for the developmentally disabled and those with acquired brain injuries. It has occupied the Kings Highway East property for 128 years. Officials there have said they are interested in selling the property in an effort to upgrade their aging facilities in another location outside of Haddonfield.
The parcel is seen as an oasis of possibilities in this nearly built-out, 300-year-old town.
Mr. B.
8:45 am on Wednesday, October 10, 2012
As long as the school roofs are leaking and as long as our streets still flood and the potholes continue to turn into ditches in our roads I can never justify voting yes to spend one tax payer penny on artificial turf fields.
Brian Kelly
10:33 am on Wednesday, October 10, 2012
Great point by Mr. B. When you have leaking roofs in a school that old you better start checking for mold because it's there. When the storm grates get clogged with debris they make the flooding even worse and we know what does to potholes.
We need a better effort with the leafing this fall.
We still have many roads in abysmal shape. We have problems that far surpass the need for artificial turf and the HFTC ramming it down everyone's throat is self serving.
They may have raised 800 thousand for the initial installation but the tax payers will be on the hook for hidden expenses and future bond payments that residents will be paying for long after some of these people leave town. In fact, if you look at their brochure you'll see that some of its members don't even live in Haddonfield.
With 800 thousand they could put natural turf on the high school that would look like Lincoln Financial or Citizen's Bank park for the next 10 years and be bond free. That would be a patriotic contribution to our town on its 300 anniversary.
On another note, there's not one person in town who believes Steve Weinstein's 15 million assessment because it's an institutional. Or 12.2 million for that matter.
It was rated at 6 to 8 million at the peak of the market and if memory serves, it was an institutional back then too. How much taxpayer money did he spend to come up with that quote?
Sue Martin
11:20 am on Wednesday, October 10, 2012
There certainly seems to be a stunning lack of clarity among the officials pushing this through. If the Borough were a business, they wouldn't dare to be so uninformed about from whence the funds will appear.
Oh, but we already know. Us.
PJ
11:53 am on Wednesday, October 10, 2012
Ahhhh, the democratic machine . . . .
Stephen Weinstein, Esquire, is:
1. School Board President,
2. married to Karin Elkis who is Senator Menendez' state director
3. member of the same Florio law firm as -------> Freeloader Director Louis Cappelli, Jr. -
But SURELY politics has NOTHING to do with this overpaid deal.
It completely makes sense that a SCHOOL BOARD should buy a 19 acre property.
No politically connected lawyer, engineering firm or other machine contributor could benefit from this in ANY WAY!
Ha ha ha ha hah!!
ROTFLOL
Taxpayer
12:26 pm on Wednesday, October 10, 2012
BOE bond counsel is Phillip Norcross.
Taxpayer
12:38 pm on Wednesday, October 10, 2012
Brian Kelly---Turf donors are contributing $500K, not $800K for the stadium field. The other $350K for Anniversary Field is from taxpayers via a commissioners' resolution at a meeting without public notice of agenda. Likewise another $150K of taxpayer money from the BOE via resolution in August for the stadium turf. Taxpayers will pay for maintenance, disposal and replacement when turf wears out in 8-10 years. And insurance. And loads of other overruns and extras. And, maybe, a half million for a new track too, to replace the 4-year-old, failing track?
Brian Kelly
5:50 pm on Wednesday, October 10, 2012
Thanks for the correction Taxpayer. What a lot of people don't realize is all the added costs that go with turf. Lodi, California had to pay 39,000 dollars for special chairs that won't damage turf when they hold their graduations.
Dodge City, Kansas paid 26 grand for plastic polymer flooring to protect turf from foot traffic. The list is endless with costs like these. What I can't get an answer on is what happens for the 4th of July fireworks?
As for the 500k raised by the HFTC, that's still 6 years of lush green grass for the football field if they use it for that. When we looked at pictures from the historical society of the field in past years it wasn't perfect but it was in pretty darn good shape and it was that way when I went to school, back in the days when taxes were reasonable.
Walk from goalpost to goalpost and you'll see the field is almost all dirt. That's called neglect by design.
The turf is so unpopular they'll have to pull it from the Bancroft referendum. It'll never pass with it. The HFTC is already figuring another way to push turf on the taxpayers of Haddonfield. We know Bancroft is worth about 6 million. The assessment reveals the environmental baggage that comes with it. The problems with turf, its ground up tire infill and chemicals used to treat it and the bancroft problem don't pose a happy picture for Hopkin's Pond.
Maryann Campling
6:55 pm on Wednesday, October 10, 2012
Bond counsel for BOE is Phillip Norcross?! Got to love the Camden County political machine.....we are getting a front row seat right here in beautiful, bucolic Haddonfield! I've asked this question for months....who's making $$$ off of this deal. I guess the real question is "who isn't making $$$ off of this deal.! Is it really true that some of the turf proponents aren't even H-field residents? Gee, this just keeps getting better and better. I understand that they had a table set up at Back To School night to push their agenda. Talk about a captive audience....no Seniors in that group, I'm sure. Any word yet on the October 18 meeting or is the Civic Assn. still dragging their heels? Guess we'll hear about location and time on October 17.
Jeremiah Wright
4:43 pm on Friday, October 12, 2012
i see my comments were deleted. thanks patch.