STATE OF THE CITY 2014

The City of Bayonne

The City of Bayonne

The State of our City is Excellent We have a financial plan that’s working Developers are interested in our

community New Projects are underway all over the

city Investment in the community is up Property values are up Population is up Our future is bright

The City of Bayonne

A financial plan that’s working Pay down over all debt

Over 43% so far That’s almost $200,000,000.00 Or about $11,500 for the average homeowner For the average homeowner that’s almost $800 a year in

debt service

The City of Bayonne

The City of Bayonne

A financial plan that’s working Analyze and reorganize municipal operations

Reduced the number of Municipal Departments from 9 to 4

Reduced the municipal workforce to its lowest level in 20 years Through attrition and without significant layoffs Done while improving the delivery of municipal

services Eliminated unnecessary independent authorities and

agencies BPA, BEDC, BLRA,TCMC

• Made government more accountable to the people we were elected to serve

Holding the line on municipal expenses• Shopping for insurance, energy contracts and using shared

services

The City of Bayonne

Developers are interested in Bayonne NJ BIZ Magazine recently named Bayonne one New Jersey’s real

estate “Hotspots”

“Bayonne - The waterfront city in Hudson County has opened its doors to developers in recent months, hoping to introduce them to a 55-acre piece of undeveloped land on the New York Harbor.And there seems to be sizable interest. In early December, more than 75 individuals from the real estate industry attended a seminar to explore opportunities at the site, giving way to a formal solicitation for interest that was due late last month.”

The City of Bayonne

Business interest in town is up Over 111 new businesses have opened in Bayonne

The City of Bayonne

Our plan for success Pay off debt Reduce expenses Increase revenue by broadening our tax base

New projects on undeveloped land Adaptive reuse of old facilities Rejuvenate Broadway shopping district

The City of Bayonne

Development is up all over

town

The City of Bayonne

Bayonne Crossings Shopping Center 27 new stores and hundreds of new jobs Turned a long vacant brownfield into a jobs

producing, tax producing engine One of the only such centers to break ground during

the recession Created hundreds of union construction jobs Last tenants are being finalized Phase II on the corner of East 22nd Street and

Broadway is being finalized. Recycling facility will be relocated

The City of Bayonne

Bayonne Crossings Power Shopping Center: Something out of nothing

The City of Bayonne

Silklofts adaptive reuse of the former Maidenform Factory Luxury rental apartments being built at the former

Maidenform Brassiere Factory Being converted using substantially union labor Preserving the historic aspects of the facility Generating increased property tax revenue for

Bayonne Will have a positive impact on our central business

district by placing new shoppers in close proximity to Broadway

Takes advantage of the Hudson Bergen Light Rail System 22nd Street station

The City of Bayonne

The City of Bayonne

The City of Bayonne

Silklofts on the inside

The City of Bayonne

Silklofts on the inside

The City of Bayonne

Many thanks to Doug Stern for his

dedication and commitment to this project and the City

of Bayonne

The City of Bayonne

The Park Apartments Underway at 44th Street and JFK Boulevard Project is being built by John Cali and associates,

widely experienced developers formerly of the Mack-Cali organization

The site was a former gas station that was vacant for decades

The City of Bayonne

The Park Apartments: Construction underway

The City of Bayonne

Royal Wine Corporation Decided to locate their world headquarters here in

Bayonne Creating new jobs and tax ratables Cleaning up a polluted site Including state of the art green technology Being built with union labor

The City of Bayonne

Royal Wine Corporation: Construction Underway

The City of Bayonne

Royal Wine Corporation: Construction Underway

The City of Bayonne

Tagliareni Plaza: Affordable Housing Project Includes units for person with MS, Disabled Veterans,

Low/Moderate income families and market rate units Takes advantage of the proximity to the Hudson

Bergen Light Rail 45th Street Station Built with ALL union labor

The City of Bayonne

Tagliareni Plaza: Affordable Housing Project

The City of Bayonne

Smaller businesses are coming to Bayonne as well

Prepared to meet the demands of new customers Lot 13 Bar and Restaurant across the street from

Silklofts Perk-Up Café: new business on Broadway

The City of Bayonne

Infill development is taking over vacant and unutilized lots bringing new business to Bayonne New Walgreens at 53rd and Broadway New Investors Savings at 53rd and Broadway

The City of Bayonne

New residential development underway on Broadway at Dodge Street Bringing new residents to the Bergen Point shopping

district

The City of Bayonne

New residential development near completion on JFK Blvd. at 3rd Street Abandoned, polluted bus depot and Fuel Oil Company

restored to productive tax-paying use

The City of Bayonne

Baker Residential Hi-Hat Project restarting Residential project at former citer's site resuming as

economy picks up.

The City of Bayonne

Complete upgrade of Don Ahern Veterans’ Memorial Stadium is under way Completion is planned for Spring 2015 New Synthetic Field Turf New and improved lighting Improved Baseball field New Soccer field New walking track

Being built with grants and insurance proceeds without BORROWING and without using Taxpayer dollars

The City of Bayonne

Upgrades to Don Ahern Veterans’ Memorial Stadium

The City of Bayonne

New Fire Station almost complete Paid for substantially with grant funds

The City of Bayonne

Bayonne Energy Center Built on vacant land Increased tax revenue from $103,000 to $1,300,000 Built with union labor, created hundreds of

construction jobs Guaranteed annual water purchase of over $1,000,000 Virtually no new demands on city services

The City of Bayonne

Bayonne Energy Center

The City of Bayonne

Cape Liberty Cruise Port Expansion Slated for the construction of a state-of-the-art

permanent passenger terminal and associated parking deck More passengers, more choices, more jobs

The City of Bayonne

NJ Turnpike Plaza 14a renovations Plans are being finalized to construct improvements to

our turnpike plaza that will enhance the flow of traffic and improve everyone’s daily commute

Plaza will have NO traffic lights allowing for direct, free flow access to the turnpike

Cars and trucks will be able to access NJ route 440 directly, non-stop, without traffic signals

The City of Bayonne

Harbor Station North Under development by Carl Goldberg and associates

Plans call for a transit oriented village just across route 440 from the Hudson Bergen Light Rail 45th Street Station

Including residential and retail development New tax ratables for our city

The City of Bayonne

Harbor Station South Proposals being evaluated for

retail/commercial/recreational development on 55 acres Plans call for two hotels, restaurants, shops and retail

shopping outlets Developers are being evaluated for their experience and

ability to complete a project. Focus is on job creation and revenue generation

The City of Bayonne

Harbor Station South: 55 acres of undeveloped land

The City of Bayonne

Harbor Station South: Development proposals

The City of Bayonne

Harbor Station South: Development proposals

The City of Bayonne

Harbor Station South: Development proposals

The City of Bayonne

Broadway Redevelopment Zone Underway Our Block by Block strategy to renew our Broadway

shopping district is underway Broadway from 23rd to 24th street has been declared

an area in need of redevelopment A conditional developer has been designated A redevelopment plan is being finalized

Proposed project is for a multistory mixed use professional and retail complex with and associated parking deck on DelMonte drive

Project will create over 200 new jobs in our central business district stimulating new business development

The City of Bayonne

Broadway Redevelopment Zone: Present Condition

The City of Bayonne

Broadway Redevelopment Zone: Proposed facility