>At the direction of Deputy Mayor Keith D. Killion, Village Manager James Ten Hoeve and Village CFO Dorothy Stikna recently performed a cost analysis related to the proposed construction of a new athletic field complex on West Saddle River Road.
During last night’s Village Council meeting, Ten Hoeve revealed that property taxes on an “average” home in Ridgewood would increase $56 per year in connection with the planned initiative. This assumes a property purchase price of approximately $4 million, with $2 million in grant money coming from Bergen County. Construction costs are now estimated in the $2 – $2.5 million range.
