New Jersey to sell $300M in bonds for education, open space
(AP) - Republican Gov. Chris Christie's administration has approved $300 million in bond sales for higher education, open space and historic preservation projects. The plans approved Wednesday include
News 12 Staff
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Dec 7, 2016, 11:14 PM
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Updated 2,693 days ago
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(AP) - Republican Gov. Chris Christie's administration has approved $300 million in bond sales for higher education, open space and historic preservation projects.
The plans approved Wednesday include the final $200 million of $750 million in bonding for higher education that voters approved in 2012. The rest includes a combined $100 million for environmental, farmland, floodplain and historical preservation.
The sale means the state has reached the $750 million cap in higher education bonding agreed to in 2012 in the measure approved by voters. That debt was used for a number of projects across the state, including building or refurbishing facilities at more than a half-dozen state colleges.
The bonds are expected to be sold by Dec. 21.
The plans approved Wednesday include the final $200 million of $750 million in bonding for higher education that voters approved in 2012. The rest includes a combined $100 million for environmental, farmland, floodplain and historical preservation.
The sale means the state has reached the $750 million cap in higher education bonding agreed to in 2012 in the measure approved by voters. That debt was used for a number of projects across the state, including building or refurbishing facilities at more than a half-dozen state colleges.
The bonds are expected to be sold by Dec. 21.
