North Caldwell To Buy Walker's Pond: Approves $2.85M Bond

North Caldwell, NJ – The North Caldwell Borough Council approved a $2.85 million bond ordinance to acquire Walker’s Pond at 400 Mountain Avenue earlier this month.

According to town officials, planned improvements for the site include “pond restoration” and possible demolition of existing buildings.

The township began discussions about possibly purchasing the property in 2013 following the death of Elwood “Woody” Walker, often referred to as the town’s “first citizen.”

• See related article: North Caldwell Looks to Purchase Walker's Pond

During a March 22 public meeting, North Caldwell Mayor Joseph Alessi said that he’s spoken to hundreds of residents who are ecstatic about the Walker’s Pond improvements and don’t want to see a private developer purchase the property, TAP Into West Essex reported.

As for financing, $311,250 expected to be received as a Green Acres Grant from the New Jersey Department of Environmental Protection and $150,000 is expected to be received as an Open Space Grant from the County of Essex, town officials stated in a public notice.

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