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Petro 49, Inc. proposes land swap with borough

 

November 8, 2018

The borough owned property being leased by Petro 49, Inc. located at the corner of Dock St. and S. Nordic Dr.

The borough assembly received a letter on Oct. 29 from Petro 49, Inc.'s CFO Jason Werner expressing the company's desire to exchange land with the borough.

"That's just a letter I thought we should all be aware of," said Mayor Mark Jensen at an assembly meeting on Monday where the letter was presented.

According to the letter, Petro 49, Inc. owns borough land at 703 S. Nordic Dr. which includes a small warehouse and covered loading dock and office. Petro 49, Inc. leases borough land at 100 Dock St. and 902 S. Nordic Drive, which includes a warehouse and gas station that is being subleased....



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