Tag: Lease agreement
Middletown to Receive Tax Dollars from Belford Solar Farm
The plan to build a 42-acre solar farm on the county-owned Belford Landfill site will progress – with Middletown on board. The Middletown Township Committee entered into the lease/sub-lease agreement with Monmouth County and Belford Solar Farm LLC. Now, if the farm is constructed, the township will receive tax revenue from previously tax-exempt land.
