City will do $21M financing for fire HQ, Public Works facilities

VINELAND – The city is going ahead with constructing a new fire headquarters and Public Works building, but in a change of plans Vineland will handle the $21 million in financing itself.

The City Council on Tuesday unanimously decided not to authorize a lease/purchase agreement with the Cumberland County Improvement Authority. An ordinance to authorize an agreement was introduced in June.

State government already had approved the concept, which has been used before by the city and authority. The authority would have done the bonding, with lease payments from the city for using the new facilities securing the debt payments.

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