Borough Council announced Thursday that it will look into rebuilding Borough Hall outside the flood plain.

"This is one of the rumors that's true," Mayor Michael Mahon said.

The building which sits at a low elevation at the corner of Myrtle Avenue and Monmouth Boulevard was flooded Monday in Hurricane Sandy's storm surge. It sustained signficant damage after flooding 4.5 feet in the court section and about two feet in the library.

"It's kind of mind boggling to look at," he said, referring to the damage at the library.

Borough staff was forced to relocate to Oceanport Hook and Ladder, then later moved to a trailer behind Borough Hall, and then into a double wide trailer on the site.

Mahon said the borough will conduct a cost benefit analysis on different options, such as raising the lowest portions of the building or, "eliminate the problem all together and rebuild somewhere else all together out of the flood plain."

In either case, Mahon said he will look to use grant money for the rebuilding.