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Middle Town Paces County's Eatables Growth with $200,000 Tax Loss

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Middle Town Paces County's Eatables Growth with $200,000 Tax Loss ' V *' • ,. 'V, 25,6*0 . JMW tonwr (by increasing dD y Copyrifst-The Red Bank Register, Inc., UK. aad oMtfooed cold, high JM5. DIAL 741-0010 ftrf nwffly-cloudy aod,«ofcl. MONMOUTH GOUmrS HOME NEWSPAPER FOR 87 YEARS VOL«8, 'art FRIDAY, JANUARY 28, 1966 7c PER COPY PAGE ONI Middle town Paces County's Eatables Growth By CHARLES A. JOHNSTON by the Board of Freeholder! and tracts from the assessor's fig- business inventories; and farm Mlddletown increased $15.1 mil- Holmdel led all municipalities erty reduction of $89,039, to $6.2 FREEHOLD - Middlettwn, , local governing bodies in cal- ures and toe municipality Is re- machinery, livestock, crops and lion in 1965; Manalapan, J14.7 in personal property used in million, and Freehold Borough was off, $148,814, to $4.7 million. ManaJapan, Colt* Neck and culating the tax base upon which quired to adjust it*, tax projec- produce. million, to $39.9 million; Colts business at $11.9 million, but the ' local budgets will be spread. tions to that base.. Each category of. business and greatest one-year increase was Hetmdel Townthips paced Mon- Neck, fin million, to $47.2 mil- The final tax equalization chart mouth County's growth, of $160 The • bigger the number, the ' Because' of change* resulting farm levies is reduced to frac- in Mlddletown. There the rise will be published March 1. A lion; and Holmdel, $11 million, was $823,647 to $6.4 million. million in new ratable*, in 1865. wider the bate, the lower the from equalizations,- tax rates tions (65 per cent tor machinery, hearing for municipal assessors rate. .. .... • wl)ich are, originally estimated equipment and implements and to $72.6 million, Vest Long Branch showed a to correct mistakes or question Comparison Chart Page 2 All municipal; assessors are di- by local officials early in the 25 per cent for the others), of. Marlboro Township noted the bnsiness property increase of decisions in the preliminary list rected to fix values at 100 per year are. often revised later to' true value. • only sizable decrease, as a re- will be held Tuesday at 9:30 a.m. A preliminary equalisation" ta- cent and the county board', by reflect the.change. Mkldletown Township rear es- $657,235 to $2.7 million; Matawan ble for U66 published by the sult of a general reassessment to at the Hall of Records. applying a fixed state formula, Gross figures «re. the itdtal of tate ratable* at $270.5 million are Township, $513,859, to $2.3 mil- Mpnmouth County Tax' Board more than double the next in correct prior errors, dropping $7 With two vacancies existing, determines how close they have the adjusted valuation of Teal' lion; and Wall Township, J5O4,- yestenlay discloses gross rata- line, Neptune Township, $133.8 million, to $38.3 million. Ocean- Commissioner Frederick Freibott ' come under or over that figure. 400, to $2.9 million, blea of $2,434,953,899. To equalize at 100 per cent,' estate, of machinery, equipment . million. Long Branch is third at port also had a drop, $633,675, to Is the only member of the coun- The table ii produced for use the county board adds or sub- sndifflplementJ.used in business; $121.9 million. $31.8 million. Red Bank had a business prop- ty board. Mercury LBJ Meets With Chiefs Dips to 5 At Shore ' Schools in the county reopened today after being closed yester- day .because of the snow storm. WASHINGTON (AP) - Johnson met last night with bombing lull has failed to bring est'thought to. timing and wheth- The shore's low temperature dent Johnson has held another, Secretary of State Dean Rusk, any hopeful response from Ha- er to escalate air operation! reported today was 5 degrees, unannounced meeting' with key Secretary of Defense Robert S. ,oi. ' > against the North. , recorded at 4 a.m., by Frank.!.. national security advisers to McNamara, Director William F. Moreover, sources said the At the moment, it was under- Mofpau, cooperative. Weather consider ending the - lull in the Raborn of the Central Intelli- pause already has lasted much stood; the President's principal Buriiu: observer, at Freehold, bombing of North Viet Nam tar- gence Agency and Gen, Earle G. longer than was urged initially concern at home was with the with.:a,fix degree reading at.7 gets—a pause he concedes has Wheeler, chairman of the Joint by foreign leaders who suggested more aggressive "Hawks" rather failed to produce brighter hopes Chiefs of Staff. to Johnson that a temporary halt than with such influential figures Senate Democratic leader It was predicted that the ther- for peace. It was one of a series of such of air strikes might prompt Ha- Mike Mansfield and Sen. J. W. mometer "would not reach 20 de» Although it was said no deci top-level sessions. n6i to try substituting negotia- sion was reached, all evidence No Doubt Se«n tions for bloodshed. Fulbrlght, D-Ark, chairman of greet today, with a high reading the Senate foreign relations com- . i» toe teem. • ' : .... pointed toward an early resump- The President, it was learned It was learned, too, that John- tion of air strikes against North mittee. ' 'thfrmqmeters took the steep- on high authority, has no doubt son, in considering renewed Viet Nam. in his own mind that the 36-day bombing, bas been giving, great- (See VIET NAM, Page 3) est plunge of the winter through- out the state, dropping to 2 de gress in Newton in the north and 12 degrees in Atlantic City in the tduth. ' In Newark', the temperature WINTER MAGIC — Area youngsters had a real holiday yesterday as snow closed was 7 degtees at 7 a.m. That the school* and spread a perfect coasting service ever local hillsides. Scene above was' far above the city's record was at Tower Hill in Red Bank, with Presbyterian Church in background. kw for Jan.'-28, however: minus 4 degrees in 1835. Elsewhere in the nation the With $200,000 Tax Loss mercury dipped to 41 below xero at International Falls, , FREEHOLD -Mayor Frank E, Gibson said yesterday that levy was too high in light of the altered use and status ofttw Minn., and a record 16 below at Revised toe- Borough Council will ask permission to spread an estimated ' structure. •'':'• ' • , .•; , •• • ..,•,•.': Mitwsjukee wber« the former, low $210,000 tax loss on the fonner rug mill-property over a three- Mayor Gibson predicted that if the borough Is permitted to spread its loss from anticipated'tax revenues over the mark for'the date wai jet at 13 year pe/iod.. , •:,'•'.•.• • . ' i • ' below .In 'W. Minneapolis and three-year period196W8, instead of absorbing It. all this year, The state Division of Tax Appeals announced Wednesday fit' »au) oad/2f below in the early It would hftve a 10-point effect on the local tax rate. Released at that it had allowed a reduction- from $2,141,025 to $850,000 on The rate in 18«5 was $3.63 per $100 assessed vsluttton. The hours of- the day, and Chicago'; the assessment of the Jackson St. plant retroactive to 1963. •offleiari'crw waa JO below.' borough -is currently holding $K,732 in escrow from Pierpon*. KEYPORT - The Planning It recommends "conservation'' Vicinity of West Likelihood of a successful effort to upset the decision given pending outcome of the appeal, and may apply it against an . TJilf frigid reading ran south Board last night set March J for the area of the town bordered Front, Washington, First, West to the purchasers of the old mill, Plerpont Associates, Inc., accumulated tM bill-based on t)ie adjusted figures-of $82,875, from the; northern Great "Piaiai for a public hearing on the pro- by borough lines, LUppatatong Firsthand West Second Stfl. appear slim, the mayor said, and probably none will be made For 1965, the tax bill at the original assessment would hive posed master plan, prepared by Creek to. Maple PI., and along —;Iri the genera] area bounded Pierpont, trading as Monhtouth Freehold Industrial Park, been about $78,000, compared to the. corrected figure of $50,855; ftg moderated in the Candeub, Fifcissig; and Associates. Maple PI. and Centrth Jersey by'the borough lines, and the for 1964, about $70,200, and $27,(115; and 1963, about $«2,40O and 1 has divided the factory buildinginto industrial and business of- , Jower Rio CramlB Valley of ' The plan, recommended by the Railroad to borough limits* Con- rajfroad in the Broad, Geran, and $24,905. servation is described as: :ent ; fices which are leased to'a ltuinber of companies. TttM after a ligit freeze early board for adoption .by Borough Center Sts. region. The rug mill, owned by A., and M. Karagheuslan qo,, waj f forcement of ordinances,' street Thursday," hut the 'northern Couricil, has .been revised over .— Tftf. area •,of Walnut, Pine, In its appeal from a sligjW assessment (reduction, from the built in 1904. Shutdown started-in 1961" as the company relo- Improvements, maintenance of Florida crop section had a hard the J)ast year. • Oak, Cedar, Fulton, and First Monmouth County Tax Board in' 1963, the owner contended its cated to Aberdeen, N. C. ' • •*.•;-•.< - freeze;, although •••: niost citrus The proposal, :released; last trees, and development of recrea- Sts. • • fruits have been harvested. The night, recommends, the three tion facilities; Spot Clearance temperatures in the area were aspectp s of urban renewal for "Rehabilitation" is recom- This aspect is described as in the 20t. f bh mended lojr'the following areas: most of the borough. being the "spot dearance" of Holds Stamler Charge 'Irresponsible' isolated structures with major deficiencies and construction of By WILLIAM HENDERSON "A real house-cleaning is need- "needed community facilities." The AntlJDefamatioi League | Mr.
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