New York Massage Parlors: New Providence Touts AAA Bond Rating
… This is a great accomplishment for the borough,” he said.
He said the rating agencies cited the borough’s careful use of surplus, judicious tax policy and careful budget management as the reasons to support the AAA bond rating.
Former Mayor Al Morgan said work on the AAA began in 2002 when chief financial officer Kenneth DeRoberts said instead of just attacking conventional budget items, the borough should attack “unconventional” items, and suggested that a AAA bond rating was possible.
“We can all be very proud of what happened here,” Morgan said.
In other business, the council approved changes to the land use ordinance that would exclude a massage parlor as a principal use within the commercial district, and define the service of massage under the personal services section of the ordinance.
See the full article from “TheAlternativePress.com (press release) (blog)”