Former Director of Hoboken Parking Utility Charged with Conspiring To Steal $600,000


Attorney GeneralAnneMilgram of New Jersey announced


that John P. Corea, former director of the Hoboken Parking Utili- ty, was indicted on charges that he conspired to steal more than $600,000 in parking meter revenue that he allegedly split with a Toms River contractor whose company was hired by the City of Hoboken to collect coins fromcity parkingmeters. It is alleged that while Corea was director of the Hoboken


Parking Utility, he improperly solicited Petaccio and United Tex- tile Fabricators LLC and subsequently used his official position to assist the company in obtaining the three no-bid contracts. Each contract was for approximately $27,000 per year, just under the relevant statutory threshold at the time of $29,000, above which public bidding would have been required, allowing other compa- nies to compete for the work. Between June 2005 and April 2008, Corea allegedly con-


spired with the company to steal and laundermore than $600,000 in parking meter revenues, while continuing to use his official position to assist United Textile Fabricators and conceal its illicit activities. The company’s contracts with the city were effectively terminated byApril 2008. The principal business of United Textile Fabricators is the


manufacture, sale and leasing of arcade crane games, coin-oper- ated machines with a crane-like claw that the player uses to try to grab a toy. The company installs its arcade machines in business- es throughout New Jersey, Pennsylvania and Delaware. The pro- ceeds from the machines, which are shared with the company’s clients, are collected by company employees and transported to the company’s warehouse in Toms River where they are counted and bagged for deposit into the company’s main operating account at a local bank.


A Curmudgeon in the Parking Business – Not Possible from Page 37


support, they are just about ready to go but have delayed the scheme because of the state of the local economy. Imagine my surprise to read that now they are collecting


data.The reality is that we have an election in 2010, and the par- ty most likely to win has pledged to kick it into touch. (Look it


up if you don’t understand the reference).


Peter Guest is PT’s correspondent on all things European and Middle East. He can be reached at peterguestparking@hotmail.co.uk.


PT


We can repair, convert, refurbish or replace your on street meters.


We have Electronic Mechanisms ready to go with one year warranties and a large inventory of refurbished Model 65; 70; 80 and 90 Single and Duplex housings available for sale.


Our in-house powder paint department will powder coat your housings in any color and fully re-assemble with new domes and decals.


METER PRODUCTS CO., INC. 147 Spring Street • Paterson, New Jersey 07501 1-800-683-6383 • 1-973-684-4277 1-973-684-5594 fax • 1-201-805-7295 cell www.meterproducts.com • bill@meterproducts.com


38


JANUARY 2010 • PARKING TODAY • www.parkingtoday.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68