The long discussed and rumored terms of a potential police union agreement are now available for review by Hoboken residents with a vote coming as soon as the next City Council meeting this Wednesday.  The terms mirror those in the original story broken by Timothy Carroll in the Hudson Reporter with raises spelled out retroactive for two years prior at 3.9% and this year and next at 2.3%.  The rumored move of the medical insurance carrier is also part of the potential agreement along with other benefit changes.  


The release is posted on the City Hall website with a note from Council President Peter Cunningham.  In order to provide the public time to evaluate and consider the details, the decision was made to publicly post them Sunday and allow Hoboken residents to consider the details leading into Wednesday’s regularly scheduled City Council meeting.


Some weeks back, the Fiscal State Monitor Judy Tripodi admitted her authority to make the final decision on the police union contract was no longer true.  Previous to that public comment, Councilman Ravi Bhalla had stated the City Council retained the legal right to vote up or down on the contract.


Here is the statement from Council President Peter Cunningham:

More to come.  This story is breaking.