Hoboken businessman Michael Flett announced today that he will run for City Council in the Nov. 7th, 2017 Municipal Election on a ticket with Mayoral Candidate Michael DeFusco.
A 25-year resident of Hoboken, Flett had a career as a member of the New York Mercantile Exchange before forming his current company, Flett Exchange, which for the past ten years has operated as a brokerage for Solar Credits, helping finance more than 6,000 solar installations in New Jersey for homes, businesses, schools and municipalities.
A homeowner in Hoboken’s uptown 2nd Ward where he and his wife Michelle are raising their three sons, Flett indicated that the impact of taxes on Hoboken families was a major factor which influenced him to enter the race. “This burden makes it difficult, if not impossible, to afford to pay for college for your children or save for retirement. All the new development in town during the last 10 years should have reduced homeowners’ and business owners’ taxes, but instead our current administration took the savings and increased spending. Hoboken should be a destination where people want to lay down roots and raise their families, but we are currently taxing many of them out of town. Smart fiscal management builds a community by allowing people to stay.”
1st Ward Councilman and Mayoral candidate Michael DeFusco expressed excitement over the addition of Flett as the first of three council candidates to join his slate. “Michael Flett has a proven track record with financial management, but he’s also invested in Hoboken,” DeFusco stated. “He chose to raise his family here, has based his business here, and has stood up for his neighbors as a steering committee member of the Hudson Street Alliance. His blend of experience and forward thinking is exactly what we need right now on the City Council.”
“I’m looking forward to hitting the campaign trail and talking to voters so we can get to work on long overdue solutions for Hoboken,” said Flett, who was previously a supporter of Mayor Dawn Zimmer during her first term in office. “I’m proud to run alongside Councilman DeFusco as he runs for Mayor. He’s shown the vision and understanding of the issues that we need from a Mayor in order to move our city forward. With a new administration and a re-energized city council, we can make sure Hoboken is a place where our residents are respected, our businesses can succeed, and our families can call home for as long as they desire to live here.”
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