COUNCIL: AFFORDABLE UNITS MUST NOT WAIT

Property owner GS Realty wants to separate approved projects at Monmouth, West and Oakland streets into separate lots, prompting the council’s action, officials said. (Click to enlarge)

By JOHN T. WARD

With the developer poised to seek a zoning board OK to shift property lines at the proposed Courtyards at Monmouth project, the Red Bank borough council Wednesday night approved contract language aimed at ensuring that 12 approved affordable housing units get built at the site.

After a closed-door executive session, the council voted unanimously to approve a builder’s agreement that sets a timetable for the units to be constructed, holding out certificates of occupancy as a carrot.

“We want to be sure that the affordable units get built,” said Council President Art Murphy, who presided over the meeting in the absence of Mayor Pasquale Menna.

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