Posted on

Eastern Armored Services to handle Ridgewood parking meter coins

pars_6x6_013

APRIL 15, 2015    LAST UPDATED: WEDNESDAY, APRIL 15, 2015, 7:17 AM
BY MARK KRULISH
STAFF WRITER |
THE RIDGEWOOD NEWS

Village officials have authorized the signing of a contract with an armored car service to provide transportation and counting services for coins collected by the village from parking meters.

With a resolution adopted earlier this month, Ridgewood entered into an agreement with Trenton-based Eastern Armored Services for the secure transport, counting and subsequent depositing of coinage from the Parking Utility.

The measure is another step to prevent theft in the wake of the $460,000 in coins that were stolen by former Public Works employee Thomas Rica between 2010 and 2013 and the subsequent 2015 audit, which posits that an additional $377,000 in coins had been swindled during that time.

Village Manager Roberta Sonenfeld said this agreement would relieve the village of its duty to count coins, handing off the job to an outside company, which would then deposit the collected coins in the bank.

https://www.northjersey.com/news/armored-car-to-pick-up-ridgewood-coins-1.1309305