ASSEMBLY, No. 2641

STATE OF NEW JERSEY

INTRODUCED JANUARY 9, 1997

By Assemblymen GIBSON and ASSELTA

An Act concerning certain projects of the Delaware River and Bay Authority and amending P.L.1995, c.362.

    Be It Enacted by the Senate and General Assembly of the State of New Jersey:

    1.    Section 1 of P.L.1995, c.362 (C. 32:11E-1.4) is amended to read as follows:

    1.    For the purposes of complying with the provisions of section 1 of P.L.1989, c.191 (C.32:11E-1.1) the Delaware River and Bay Authority created pursuant to the "Delaware-New Jersey Compact," enacted pursuant to 53 Laws of Delaware, Chapter 145 (17 Del. C.1701 et seq.) and P.L.1961, c.66 (C.32:11E-1 et seq.) with the consent of the Congress of the United States in accordance with Pub.L.87-678 (1962), is authorized, pursuant to the procedures set forth in section 1 of P.L.1989, c.191 (C.32:11E-1.1), to undertake a project to lease the property and manage the operations of the Cape May County Airport/Industrial Park, located in the Township of Lower, Cape May County, from the County of Cape May, which shall be considered a project of the authority as defined pursuant to Article II of the "Delaware-New Jersey Compact," P.L.1961, c.66, as amended by to P.L.1989, c.192 (C.32:11E-1 et seq.), which project shall [continue to maintain airport operations, as well as an industrial park, in that location] include the planning, financing, development, operation, construction of buildings and structures, maintenance, improvement, subleasing to private or public parties and development and redevelopment of the airport property as an airport and industrial park for all purposes permitted by law.

(cf: P.L.1995,c.362,s.1)

    2. This act shall take effect immediately.

STATEMENT

    This bill would clarify the legislative authorization and approval for the Delaware River and Bay Authority to lease the property of and manage the operations of the Cape May County Airport/Industrial Park, located in the Township of Lower, Cape May County, from the County of Cape May, by specifying the activities the authority is required to undertake as part of the project.

Concerns certain authority of the Delaware River and Bay Authority.