The $31.5 million Eagle Point refinery settlement bond sale and an update on allegedly missing money in the $9.945 million RiverWinds golf and tennis project could be up for discussion when the West Deptford township committee meets for the first time this month Thursday night.
While an agenda for the meeting was not yet available, township officials indicated last month more information is likely to be released on both issues this month.
Loan documents were turned over on the RiverWinds project at the beginning of August, and township redevelopment counsel Mark Cimino said last week an update on the situation could be in the offing—though he noted previously the loan documents may not be able to tell the whole story.
The bond sale, which Thompson Reuters indicated was scheduled for Aug. 21, came on the back of good news from credit agencies, which held both the bond rating and West Deptford's overall credit rating at an A-, township officials announced at the August work session.
This month also marks the start of the switch to an every-other-week schedule for the township committee. The work session, which was normally the week after the general business meeting, will be Sept. 20, and that alternate-week schedule will continue through the end of the year.