February 25,2016
the staff of the Ridgewood blog
Ridgewood Nj, The fact is a BCIA garage is a county owned and operated parking garage , that is paid for by Village of Ridgewood taxpayers .The Village gives up all control of the garage and Village residents have no priority.
From the Bergen Record October 13th, 2014 , “The village has been in talks with the Bergen County Improvement Authority (BCIA) for more than a year about a partnership that would ideally result in the county building a 450-space parking garage at the site of the Hudson Street lot, where there are currently only a couple dozen 12-hour metered parking spots.
The county would own and operate the garage, which the village would pay for over the course of 20-30 years from the revenue from the garage.
To put the plan into motion, the freeholders and the county executive both need to sign off on the transferring of funds from the county’s planning department to the BCIA through the approval of the resolution.” https://www.northjersey.com/news/freeholders-set-vote-on-funding-study-for-ridgewood-1.1108474?page=1