photo courtesy of Bergen County Executive Jim Tedesco
the staff of the Ridgewood blog
Englewood NJ, taking advantage of County’s Aaa bond rating, BergenPAC utilized the Bergen County Improvement Authority to finance a significant portion of the project and refinance higher interest debt, to an estimated $824,000 in savings. This is an example of a municipal/non-profit partner taking advantage of the County’s strong financial arm.
The major capital-improvement renovation at the BergenPAC in Englewood which will include upgrades to the entrance lobby, redesigned concession stands, new theater seats, and improved stage lighting. The renovation is scheduled to take six-months .