New Jersey Turnpike Authority

Total Page:16

File Type:pdf, Size:1020Kb

New Jersey Turnpike Authority PRELIMINARY OFFICIAL STATEMENT DATED MARCH 20, 2017 NEW ISSUE – Book-Entry Only See “RATINGS” herein In the opinion of Wilentz, Goldman & Spitzer, P.A., Bond Counsel, under existing statutes, regulations, rulings and court decisions, and assuming continuing compliance by the Authority with certain requirements described herein, interest on the Series 2017 A Bonds is not includable in gross income for Federal income tax purposes pursuant to Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”) and is not treated as a preference item under Section 57 of the Code for purposes of calculating the Federal alternative minimum tax imposed on individuals and corporations. Under existing laws of the State of New Jersey, interest on the Series 2017 A Bonds and any gain on the sale thereof are not includible in gross income under the New Jersey Gross Income Tax Act. For a more complete discussion, see “TAX MATTERS” herein. $525,000,000* NEW JERSEY TURNPIKE AUTHORITY Turnpike Revenue Bonds, Series 2017 A Dated: Date of Delivery Due: January 1, as shown on the inside front cover This Official Statement has been prepared to provide information relating to the issuance by the New Jersey Turnpike Authority (the “Authority”) of its $525,000,000* aggregate principal amount of Turnpike Revenue Bonds, Series 2017 A (the “Series 2017 A Bonds”). The Bank of New York Mellon, Woodland Park, New Jersey, will serve as the Trustee, Paying Agent and Registrar for the Series 2017 A Bonds. The Series 2017 A Bonds will be issued in fully registered form without coupons, and, when issued, will be registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York (“DTC”). DTC will act as securities depository for the Series 2017 A Bonds, as more fully described herein. Individual purchases of the Series 2017 A Bonds will be made in book-entry form only in denominations of $5,000 or any integral multiples thereof. Purchasers of the Series 2017 A Bonds will not receive certificates representing their interest therein. Interest on the Series 2017 A Bonds will accrue from their Date of Delivery, and will be payable semiannually on each January 1 and July 1, commencing on July 1, 2017, until prior redemption or maturity, and will be calculated on the basis of a 360-day year of twelve 30-day months. The Series 2017 A Bonds will bear interest at the interest rates per annum set forth on the inside front cover page of this Official Statement. The Series 2017 A Bonds are being issued pursuant to the New Jersey Turnpike Authority Act of 1948 (Chapter 454 of the Laws of New Jersey of 1948), as amended and supplemented (the “Act”), the Turnpike Revenue Bond Resolution adopted by the Authority on August 20, 1991, as amended, restated and supplemented (the “General Bond Resolution”), including as supplemented by the Series 2016 Turnpike Revenue Bond Resolution adopted by the Authority on September 27, 2016 (the “Series 2016 Resolution”), and a Certificate of Determination to be executed by the Executive Director of the Authority prior to the issuance of the Series 2017 A Bonds (the “Certificate of Determination” and, together with the General Bond Resolution and the Series 2016 Resolution, the “Resolution”). The Series 2017 A Bonds will be payable from and secured by a lien on and pledge of the Pledged Revenues of the Turnpike System on a parity with all Bonds Outstanding under the Resolution from time to time, and the Authority’s reimbursement and payment obligations under certain Credit Facilities and Qualified Swaps (as such terms are defined in the Resolution). The Series 2017 A Bonds are subject to redemption prior to maturity at such prices and pursuant to such terms as are described herein. See “THE SERIES 2017 A BONDS – Redemption Prior to Maturity” herein. The Series 2017 A Bonds are being issued by the Authority to (i) pay the costs of Projects permitted or authorized under the Act and the Resolution, (ii) make a deposit into the Debt Reserve Fund, and (iii) pay the costs of issuance of the Series 2017 A Bonds, all as more fully described herein. THE SERIES 2017 A BONDS ARE REVENUE OBLIGATIONS OF THE AUTHORITY. THE SERIES 2017 A BONDS ARE NOT A DEBT OR LIABILITY OF THE STATE OF NEW JERSEY OR OF ANY POLITICAL SUBDIVISION THEREOF (OTHER THAN THE AUTHORITY), AND NEITHER THE FAITH AND CREDIT NOR THE TAXING POWER OF THE STATE OF NEW JERSEY OR OF ANY POLITICAL SUBDIVISION THEREOF IS PLEDGED TO THE PAYMENT OF THE SERIES 2017 A BONDS. THE AUTHORITY HAS NO TAXING POWER. Selected information is presented on this cover page for the convenience of the user in brief or summary form. To make an informed decision regarding the Series 2017 A Bonds, a prospective purchaser should read this Official Statement in its entirety. The Series 2017 A Bonds are offered when, as and if issued by the Authority and received by the Underwriters and subject to the approval of legality thereof by Wilentz, Goldman & Spitzer, P.A., Woodbridge, New Jersey, Bond Counsel to the Authority. Certain legal matters will be passed upon for the Authority by Bruce A. Harris, Esq., General Counsel for the Authority. Certain legal matters will be passed upon for the Underwriters by their counsel, Gibbons P.C., Newark, New Jersey. Hilltop Securities, New York, New York is acting as Financial Advisor to the Authority. It is expected that the Series 2017 A Bonds will be available for delivery through DTC on or about April __, 2017. GOLDMAN, SACHS & CO. J.P. MORGAN Raymond James Stifel U.S. Bancorp Investments, Inc. Dated: March __, 2017 This Preliminary Official Statement and the information contained herein are subject to completion and amendment in a final Official Statement. Under no circumstances shall this Preliminary offer to sell or a This Preliminary Official Statement constitute an contained herein are subject to completion and amendment in a final Official Statement. Official Statement and the information prior of such jurisdiction. or qualification under the securities to registration be unlawful laws solicitation or sale would jurisdiction in any in which such offer, hereby sale of the securities nor shall there be any offered to buy solicitation of an offer * Preliminary, subject to change. $525,000,000* NEW JERSEY TURNPIKE AUTHORITY Turnpike Revenue Bonds, Series 2017 A Maturity* Principal Interest (January 1) Amount* Rate Yield CUSIP** 2027 $44,220,000 2028 14,560,000 2029 54,705,000 2030 60,060,000 2031 66,665,000 2032 70,000,000 2033 73,555,000 2034 77,175,000 2035 45,115,000 2036 18,945,000 * Preliminary, subject to change. ** Registered trademark of American Bankers Association. CUSIP numbers are provided by CUSIP Global Services, which is managed on behalf of the American Bankers Association by S&P Global Market Intelligence. The CUSIP numbers are being provided solely for the convenience of the holders of the Series 2017 A Bonds only and the Authority does not make any representation with respect to such numbers or undertake any responsibility for their accuracy. The CUSIP numbers are subject to being changed after the issuance of the Series 2017 A Bonds as a result of various subsequent actions including, but not limited to, a refunding in whole or in part of the Series 2017 A Bonds. NEW JERSEY TURNPIKE AUTHORITY COMMISSIONERS RICHARD T. HAMMER, Chairman RONALD GRAVINO, Vice Chairman MICHAEL R. DuPONT, Treasurer RAYMOND M. POCINO ULISES E. DIAZ DANIEL F. BECHT JOHN D. MINELLA EXECUTIVE STAFF JOSEPH W. MROZEK, Executive Director JOHN F. O’HERN, Chief Operating Officer and Deputy Executive Director DONNA MANUELLI, Chief Financial Officer IN CONNECTION WITH THE OFFERING OF THE SERIES 2017 A BONDS, THE UNDERWRITERS MAY OVER ALLOT OR EFFECT TRANSACTIONS WHICH STABILIZE OR MAINTAIN THE MARKET PRICE OF SUCH BONDS AT A LEVEL ABOVE THAT WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN MARKET. SUCH STABILIZATION, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME. No dealer, broker, salesman, or any other person has been authorized by the Authority to give any information or to make any representations, other than those contained in this Official Statement, and if given or made, such other information must not be relied upon as having been authorized by the Authority. This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Series 2017 A Bonds by any person in any jurisdiction in which it is unlawful for such person to make such offer, solicitation or sale. The Series 2017 A Bonds have not been registered under the Securities Act of 1933, as amended, and the Resolution has not been qualified under the Trust Indenture Act of 1939, as amended, in reliance upon certain exemptions contained in such Federal laws. In making an investment decision, investors must rely upon their own examination of the Series 2017 A Bonds and the security therefor, including an analysis of the risks involved. The Series 2017 A Bonds have not been recommended by any Federal or state securities commission or regulatory authority. The registration, qualification or exemption of the Series 2017 A Bonds in accordance with applicable provisions of securities laws of the various jurisdictions in which the Series 2017 A Bonds have been registered, qualified or exempted cannot be regarded as a recommendation thereof. Neither such jurisdictions nor any of their agencies have passed upon the merits of the Series 2017 A Bonds or the adequacy, accuracy or completeness of this Official Statement. Any representation to the contrary may be a criminal offense.
Recommended publications
  • Number 7, Pages 811-954
    You're viewing an archived copy from the New Jersey State Library. 00 O'UJ ~O U ~O>- .... o IX U. o a u. ~ .... a o en I ~ IX u.x UJ a .... Z .... .. 1000 zen"" UJUJ2:> .... ~ \fI 0::: X N <CU .c 0.. IX co UJ<C o o .. >­ "IX .., z<C z OIX ~t:O Z .... ~OO <C-JN .... U II'IZ THE JOURNAL OF STATE AGENCY RULEMAKING ;:» UJ O~ZIX UJOUI- VOLUME 21 NUMBER 7 April 3, 1989 Indexed 21 N.J.R. 811-954 (Includes adopted rules filed through March 10, 1989) RULEMAKING IN THIS ISSUE RULE PROPOSALS Private passenger automobile insurers: excess profi ts . Interested persons comment deadline 812 Automobile insurance personal injury protectio medical fee schedules 842(b) AGRICULTURE LAW AND PUBLIC SAFETY '. Commercial values of primary plant nutrients . 813(a) Practice of optometry: withdrawal of proposal on d~ation BANKING of duties to ancillary personnel................... 881(a) Proposed interstate acquisition: determination of Board of Medical Examiners: withdrawal of pre-proposal eligibility..................... 814(3) concerning repeal of NJ.A.C. 13:35-IA 937(a) COMMUNITY AFFAIRS Practice and procedure before Violent Crimes Congregate Housing Services Program: service Compensation Board . 881(b) subsidies formula . 816(a) COMMERCE, ENERGY AND ECONOMIC EDUCATION DEVELOPMENT Enforcement of drug free school zones 817(a) Definition of electric facility ... 882(a) ENVIRONMENTAL PROTECTION TRANSPORTATION 90-day construction permits . 819(a) Handicapped parking space on Route 7 in Belleville 883(a) Hazardous waste facility liability coverage: corporate Restricted parking and standing along U.S. 22 in Lopatcong, guarantee option . 823(a) Route 35 in Eatontown.
    [Show full text]
  • NEW JERSEY TURNPIKE AUTHORITY Turnpike Revenuebonds,Series2017g
    PRELIMINARY OFFICIAL STATEMENT DATED DECEMBER 8, 2017 NEW ISSUE – Book-Entry Only See “RATINGS” herein In the opinion of Wilentz, Goldman & Spitzer, P.A., Bond Counsel, under existing statutes, regulations, rulings and court decisions, and assuming continuing compliance by the Authority with certain requirements described herein, interest on the Series 2017 G Bonds is not includable in gross income for Federal income tax purposes pursuant to Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”) and is not treated as a preference item under Section 57 of the Code for purposes of calculating the Federal alternative minimum tax imposed on individuals and corporations. Under existing laws of the State of New Jersey, interest on the Series 2017 G Bonds and any gain on the sale thereof are not includible in gross income under the New Jersey Gross Income Tax Act. For a more complete discussion, see “TAX MATTERS” herein. $795,255,000* NEW JERSEY TURNPIKE AUTHORITY Turnpike Revenue Bonds, Series 2017 G Dated: Date of Delivery Due: January 1, as shown on the inside front cover This Official Statement has been prepared to provide information relating to the issuance by the New Jersey Turnpike Authority (the “Authority”) of its $795,255,000* aggregate principal amount of Turnpike Revenue Bonds, Series 2017 G (the “Series 2017 G Bonds”). The Bank of New York Mellon, Woodland Park, New Jersey, will serve as the Trustee, Paying Agent and Registrar for the Series 2017 G Bonds. The Series 2017 G Bonds will be issued in fully registered form without coupons, and, when issued, will be registered in the name of Cede & Co., as nominee of The Depository Trust Company (“DTC”).
    [Show full text]
  • Number 2, Pages 219-388
    You're viewing an archived copy from the New Jersey State Library. TIlE JOURNAL OF SlATE' AGENCY RULE~LtKlNG VOLUME 25 NUMBER 2 January 19, 1993 Indexed 25 N.J.R. 219-388 (Includes adopted rules filed through December 23, 1992) MOST RECENT UPDATE TO NEW JERSEY ADMINISTRATIVE CODE: NOVEMBER 16, 1992 See the Register Index for Subsequent RuJemaking Activity. NEXT UPDATE: SUPPLEMENT DECEMBER 21, 1992 RULEMAKING IN THIS ISSUE EXECUTIVE ORDER LAW AND PUBLIC SAFETY Practice of athletic trainers 265(a) OFFICE OF THE GOVERNOR Board of Pharmacy: patient profile record system and Executive Order No. 76(1992): Termination of patient counseling by pharmacist 266(a) Statewide limited State of Emergency 221(a) Board of Real Estate Appraisers: apprentice program 267(a) Harness racing: pre-race blood gas analyzing machine RULE PROPOSALS testing program 269(a) PUBLIC UTILITIES Interested persons comment deadline 220 Cable television: change in hearing date and comment period for pre-proposal regarding disposition of AGRICULTURE on-premises wiring 270(a) Farmland preservation programs: deed restrictions on TRANSPORTATION enrolled lands 222(a) Speed limit zone along Route 24 in Morris, Essex, Agriculture Retention and Development Program: and Union counties 270(b) lands permanently deed restricted 223(a) Restricted parking and stopping along U.S. 9 in BANKING Cape May, Atlantic, Burlington, Ocean, Monmouth, Pinelands Development Credit Bank 223(b) and Middlesex counties 271(a) ENVIRONMENTAL PROTECfION AND ENERGY Restricted parking and stopping along U.S.
    [Show full text]
  • 2016 Capital Project & Investment Plan
    New Jersey Turnpike Authority 2017 Capital Project & Investment Plan - 2 - Table of Contents 1. Introduction 2. Capital Improvement Program 2.1 Garden State Parkway Widening 2.2 Interchange Improvements 2.2.1 Turnpike Interchanges 2.2.2 Parkway Interchanges 2.3 Bridge Improvements 2.3.1 Turnpike Bridges 2.3.2 Parkway Bridges 2.3.3 Contracts for Improvements to Bridges on Both Roadways 2.4 Roadway Improvements 2.4.1 Turnpike Roadway 2.4.2 Parkway Roadway 2.5 Facilities Improvements 2.5.1 Maintenance Facilities 2.5.1.1.1 Turnpike Maintenance Facilities 2.5.1.1.2 Parkway Maintenance Facilities 2.5.2 New Jersey State Police Facilities 3. Capital Improvement Program Spending by Project and by Year 2017 New Jersey Turnpike Authority Capital Project & Investment Plan - 3 - 1. Introduction New Jersey Statute 27:23-3.2 1(c) directs the New Jersey Turnpike Authority (“the Authority”) to file with the Commissioner of the New Jersey Department of Transportation an annual Capital Project and Investment Plan detailing “proposed transportation projects and proposed work on existing transportation projects.” This report was prepared pursuant to that requirement. The Statute directs the Authority to pay particular attention in the plan to projects that “further the goals of attaining coordinated and integrated Statewide and regional transportation systems” and address “the interconnection of the New Jersey Turnpike and the Garden State Parkway with other transportation systems.” It should be noted at the outset that the Authority’s contribution to achieving those objectives goes beyond the projects described in this report to include significant financial support for other agencies involved in maintaining and improving New Jersey’s transportation infrastructure.
    [Show full text]
  • NEW JERSEY TURNPIKE AUTHORITY Comprehensive Annual Financial Report for the Year Ended December 31, 2015
    NEW JERSEY TURNPIKE AUTHORITY (A Component Unit of the State of New Jersey) Comprehensive Annual Financial Report For The Year Ended December 31, 2015 (This Page Intentionally Left Blank) NEW JERSEY TURNPIKE AUTHORITY (A Component Unit of the State of New Jersey) Comprehensive Annual Financial Report For The Year Ended December 31, 2015 Prepared by: Finance and Budgets Department Donna Manuelli, Chief Financial Officer Pamela Varga, Deputy Chief Financial Officer Katherine Johnstone, Assistant Director of Finance NEW JERSEY TURNPIKE AUTHORITY (A Component Unit of the State of New Jersey) Comprehensive Annual Financial Report Year ended December 31, 2015 Table of Contents Page Introductory Section (Unaudited) Letter of Transmittal i Vision, Mission Statement and Core Values vi Organizational Chart vii Board of Commissioners and Senior Staff viii–ix Overview of Organization, Background and Functions x–xii $7 billion Capital Improvement Program xiii–xix Report of Management Under Executive Order No. 37 (Corzine, 2006) xx Financial Section Independent Auditors’ Report 1 Management’s Discussion and Analysis (Unaudited) 3 Basic Financial Statements: Statements of Net Position as of December 31, 2015 and 2014 39 Statements of Revenues, Expenses, and Changes in Net Position for the years ended December 31, 2015 and 2014 40 Statements of Cash Flows for the years ended December 31, 2015 and 2014 41 Notes to the Financial Statements 42 Schedules 1 Required Supplementary Information (Unaudited) – Schedule of Funding Progress – Other Postemployment
    [Show full text]
  • Cost Comparisons of Prestressed Concrete Vs Conventional-Type Highway Bridges JOHN J
    Cost Comparisons of Prestressed Concrete vs Conventional-Type Highway Bridges JOHN J. HOGAN, Consulting Structural Engineer Portland Cement Association • INCREASING use of prestressed concrete for bridges poses new problems to the bridge engineer. Each project must be studied as a separate entity unless the case in• volves a number of similar bridges. Since the construction of the Walnut Lane Bridge m Philadelphia's Fairmont Park in 1948, the number of prestressed bridges constructed has been numerous. However, up to the present, little data on the reasons for their selection and the relative costs have been tabulated. Mere figures on the cost per square foot of deck area do not tell much unless some pertinent facts are known about the geological location, site condi• tions, number of beams used, fabrication, plant locations, transportation distances, and availability of contractors willing to bid prestressed concrete projects, since all of these factors play a part in the analyses of cost data. In New York State, the first prestressed bridge was built for the town of Orangeville, near Warsaw (Figure 1). It was not a large project, the span being 62 ft and the width 22 ft plus curbs and railing. The four girders were fabricated at the site over the stream bed with one set of forms. After the deck slab was placed, the bridge was prestressed transversely. The total cost of the superstructure based on an area of 64 ft by 25 ft was $8. 35 per sq ft. The experience and cost data derived from this project stimulated the county to con• tinue their program of prestressed bridge construction.
    [Show full text]
  • S&W 12-30-15 A1-4.Indd
    162nd YEAR NO. 1 CAPE MAY, N.J. SERVING AMERICA’S NATIONAL HISTORIC LANDMARK CITY WEDNESDAY, DECEMBER 30, 2015 75¢ House LCMR student of the raises funds week for homeless Page B8 Page B1 Economist predicts strong 2016 tourist season Atlantic Cape VP says not to expect much job growth in Cape May, Atlantic counties By JACK FICHTER tourist season for 2016, but offers little hope no reason it would not continue to trend upward. Perniciaro. Cape May Star and Wave for new jobs or well paying positions for Cape “The recession is over for the most part ex- “The issue really is in the summer … on a May County residents. He said 2015 seemed to cept for Cape May and Cumberland counties, weekend and for a couple of weeks in the middle MAYS LANDING – If the weather cooper- be a very good year for the tourism industry. probably the two worst in New Jersey,” said there’s nowhere to put any more people,” he ates, Cape May County could see its best ever “I think we’re headed for probably the low- Perniciaro. “I don’t see that changing for the said. tourism year, according to Richard Perniciaro, est price for gasoline that you’re going to see longer term.” Visitors may be spending more money than in vice president of planning, for a generation,” said Perniciaro said Cape May County is running the past, said Perniciaro. Cheap gasoline may research, facilities and ex- Perniciaro. out of capacity to house visitors, especially in have encouraged day trippers from further ecutive support for Atlantic Cape May County is running out of Sunny weather, after Cape May.
    [Show full text]
  • NEW JERSEY TURNPIKE AUTHORITY Comprehensive Annual Financial Report for the Years Ended December 31, 2016 and 2015
    NEW JERSEY TURNPIKE AUTHORITY (A Component Unit of the State of New Jersey) Comprehensive Annual Financial Report For the Years Ended December 31, 2016 and 2015 (This Page Intentionally Left Blank) NEW JERSEY TURNPIKE AUTHORITY (A Component Unit of the State of New Jersey) Comprehensive Annual Financial Report For The Years Ended December 31, 2016 and 2015 Prepared by: Finance and Budgets Department Donna Manuelli, Chief Financial Officer Pamela Varga, Deputy Chief Financial Officer Katherine Johnstone, Assistant Director of Finance NEW JERSEY TURNPIKE AUTHORITY (A Component Unit of the State of New Jersey) Comprehensive Annual Financial Report For the Years Ended December 31, 2016 and 2015 Table of Contents Page Introductory Section (Unaudited) Letter of Transmittal i Vision, Mission Statement and Core Values vi Organizational Chart vii Board of Commissioners and Senior Staff viii–ix Overview of Organization, Background and Functions x–xii $7 billion Capital Improvement Program xiii–xix Report of Management Under Executive Order No. 37 (Corzine, 2006) xx Financial Section Independent Auditors’ Report 1 Management’s Discussion and Analysis (Unaudited) 3 Basic Financial Statements: Statements of Net Position as of December 31, 2016 and 2015 41 Statements of Revenues, Expenses, and Changes in Net Position for the years ended December 31, 2016 and 2015 42 Statements of Cash Flows for the years ended December 31, 2016 and 2015 43 Notes to the Financial Statements 44 Schedules 1 Required Supplementary Information (Unaudited) – Schedule of
    [Show full text]
  • New Jersey Turnpike Authority Regulations Relating to the New Jersey Turnpike and the Garden State Parkway ® Joseph Simunovic
    NEW JERSEY TURNPIKE AUTHORITY REGULATIONS RELATING TO THE NEW JERSEY TURNPIKE AND THE GARDEN STATE PARKWAY ® JOSEPH SIMUNOVICH, Chairman JOSEPH P. MIELE, Vice-Chair JOHN HIBBS, Treasurer HAROLD HODES, Commissioner HARRY L. LARRISON, JR., Commissioner LUIS FERNANDEZ, Commissioner DAVID G. EVANS, Commissioner JOHN F. LETTIERE, JR., Commissioner NJDOT MICHAEL J. LAPOLLA, Executive Director EFFECTIVE DECEMBER 9, 2004* SUBTITLE E. NEW JERSEY TURNPIKE AUTHORITY CHAPTER 9 NEW JERSEY TURNPIKE AUTHORITY Authority N.J.S.A 27:23-1 et seq. Source and Effective Date R.2005 d.23, effective December 9, 2004. See: 36 N.J.R. 4415(a), 27 N.J.R. 90 (a). Chapter Expiration Date Chapter 9, New Jersey Turnpike Authority, expires on December 9, 2009. Chapter Historical Note Chapter 9, New Jersey Turnpike Authority, was filed and became effective December 3, 1963. Subchapter 9 was adopted as R.1973 d.173, effective June 29, 1973. See: 5 N.J.R. 25(b), 5 N.J.R. 295(b). Pursuant to Executive Order 66(1978), Chapter 9, New Jersey Turnpike Authority, was readopted as R.1983 d.301, effective July 13, 1983. See: 15 N.J.R. 886(a), 15 N.J.R 1257(a). Subchapter 9 was repealed and adopted as new rules by R.1983 d.556, effective December 5, 1983. See: 15 N.J.R. 1639(a), 15 N.J.R. 2046(d). Pursuant to Executive Order 66(1978), Chapter 9 expired on July 13, 1988. Chapter 9, New Jersey Turnpike Authority, was adopted as new rules by R.1988 d.483, effective October 17, 1988.
    [Show full text]
  • Christie Administration Announces Removal of Great Egg Harbor
    1/6/2018 Office of the Governor | Newsroom NJ Home Services A to Z Departments/Agencies FAQs Home Search All of NJ Home Newsroom Media Administration NJ's Priorities Contact Us Press Releases Public Addresses Executive Orders Press Kit Reports Home > Newsroom > Press Releases > 2012 Stay Connected Christie Administration Announces Removal of Great Egg with Social Media Harbor Bridge Fence Friday, May 18, 2012 Tags: Transportation Stay Connected Trenton, NJ - The Christie Administration today announced that the New Jersey Turnpike Authority has re-engineered with Email Alerts the security fencing which will permit the removal of one-half mile of the fencing installed between the Great Egg Harbor and Drag Channel Bridges. Residents and visitors have questioned the necessity of the fence due to the visible obstruction it caused and perceptions about its usefulness. The Turnpike Authority will begin work on removing the fence on Monday, May 21, before the Memorial Day holiday. "I am pleased that by working with Senator Van Drew on this issue, we have been able to move forward with a solution to address the concerns of local residents," said Governor Chris Christie. "The Turnpike Authority will begin work on removing the fence this Monday, with the intention of having both the fence and posts removed by Memorial Day." The removed pieces of fencing will be repurposed by NJTA for right of way fencing on other parts of the Garden State Parkway. Approximately 500 ft. of reengineered fencing will remain in select areas. "This is a good day for South Jersey. This bridge is a gateway to both Cape May and Atlantic Counties, it is surrounded by some of the most beautiful vistas in the country.
    [Show full text]
  • Herald 3.4.09.Indd
    Herald NEWS DI GESTS Clocks Spring Ahead RIO GRANDE — Time fl ies, and ythis ahead Sun- day, March 8 at 2 a.m. clocks will fl one hour placing us into Daylight Saving Time. That time will remain until the re- turn of Eastern Standard Time on Nov. 1. Zoning Meeting Change PUBLISHED EVERY WEDNESDAY BY THE SEAWAVE CORP. COURT HOUSE — The Middle Town- 1508 Route 47, Rio Grande NJ 08242-1402 March 4, 2009 ship Zoning Board has rescheduled its April 9 meeting to April 2 at 7 p.m. in Town- Copyright 2009 Seawave Corp. All rights reserved. (Page A4 Please) Vol. 45 No. 9 Resident Blasts ONLINE Investigation Of Sea Isle Death ACTIVITYPast 7 Days By AL CAMPBELL www.CapeMayCountyHerald.com MOST POPULAR ARTICLES: CREST HAVEN — A Sea Isle City resident Former Miss North Wildwood, Mom chided freeholders, Feb. 24, for the County Arrested for Producing Counterfeit Bills Prosecutor’s Offi ce’s inability “to describe for Posted: Tue, 02/24/2009 - 7:21pm the public” Tracy Hottenstein’s death “as being 50,053 reads , 145 Comments suspicious.” Police Search for Burger King Teresa Downey also called for freeholders Robbery Suspect to hire an independent panel to investigate, Posted: Thu, 02/26/2009 - 11:05am not only Hottenstein’s death, but also deaths 2385 reads, 30 comments of other women from previous years, whose names and cases are well known to Prosecutor MOST WATCHED VIDEOS: Robert Taylor. UPDATE: Court House Structure Fire “We have a tendency to cover up crimes Brings Wide Response against women. To say that they are not impor- Posted: Sun, 02/22/2009 - 5:38pm, 868 views tant, I am saying they are,” said Downey.
    [Show full text]
  • U.S. 9/Garden State Parkway Corridor Study
    U.S. 9/Garden State Parkway Corridor Study Draft Final Report Prepared for: South Jersey Transportation Planning Organization Vineland, New Jersey Prepared by: The Louis Berger Group, Inc. East Orange, New Jersey In association with: CH Planning, Ltd. New Jersey April 2004 U.S. 9/Garden State Parkway Corridor Study South Jersey Transportation Planning Organization TABLE OF CONTENTS Page 1.0 INTRODUCTION..................................................................................................1 1.1 Regional Setting...........................................................................................1 1.2 Study Location.............................................................................................1 1.3 Purpose of the Study ....................................................................................3 1.4 Relationship to Existing Documents............................................................4 1.5 Coordination With Other Studies/Projects...................................................5 2.0 EXISTING CONDITIONS ...................................................................................7 2.1 Socioeconomics ...........................................................................................7 2.1.1 Population........................................................................................7 2.1.1.1 Population Change...............................................................7 2.1.2 Employment.....................................................................................8
    [Show full text]