ASSEMBLY, No. 2600
STATE OF NEW JERSEY
INTRODUCED JANUARY 8, 1998
By Assemblymen COLLINS and DORIA
An Act appropriating $340,250 from the “Jobs, Education and Competitiveness Bond Act of 1988,” P.L.1988, c.78, for the construction, reconstruction, development, extension, improvement and equipment of classrooms, academic buildings, libraries, computer facilities and other higher education buildings at New Jersey’s public and private institutions of higher education.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. There is appropriated to the Commission on Higher Education from the “Jobs, Education and Competitiveness Bond Fund” created pursuant to section 14 of the “Jobs, Education and Competitiveness Bond Act of 1988,” P.L.1988, c.78, the sum of $340,250 for the purpose of construction, reconstructing, developing, extending, improving and equipping classrooms, academic buildings, libraries, computer facilities and other higher education buildings. The sum shall be allocated to the following institutions of higher education which shall provide funds to projects which have been approved by the Commission on Higher Education as provided below:
Institution P.L.1988, c.78
Project Funds Bond Funds
Construction of Higher
Education Buildings at
Construction of Academic
Building at Caldwell
College $4,025,475 $50,250
Renovation of Memorial
Hall at Rider University $1,417,100 $73,000
Renovation of the Edison
Science Building at
Monmouth University $2,511,000 $73,000
Construction of Academic
Building at Fairleigh
Dickinson University $3,034,815 $80,000
Renovation of Hall of
Sciences at Drew University $118,900 $64,000
2. This act shall take effect immediately.
This bill appropriates $340,250 from the "Jobs, Education and Competitiveness Bond Fund" to the Commission on Higher Education for construction and renovation projects at five independent institutions of higher education. As a result of the closing of Upsala College, the commission has approved the reallocation of that college's share of the bond funds among the independent colleges. Under the bill, Caldwell College will receive $50,250 for the construction of an academic building, Rider University will receive $73,000 for the renovation of Memorial Hall, Monmouth University will receive $73,000 for the renovation of Edison Science Building, Fairleigh Dickinson University will receive $80,000 for the construction of an academic building on the Madison campus and Drew University will receive $64,000 for the renovation for the Hall of Sciences.
Appropriates $340,250 from the "Jobs, Education and Competitiveness Bond Act of 1988" to the Commission on Higher Education for projects at various independent institutions.