Approp.
P.L. 1997, CHAPTER 16, approved January 31, 1997
Assembly, No. 2066
An Act appropriating $8,644,000 from the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992," P.L.1992, c.88, to provide loans for dam restoration and inland waters projects.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. There is appropriated to the Department of Environmental Protection from the "1992 Dam Restoration and Clean Water Trust Fund," established pursuant to section 26 of the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992," P.L.1992, c.88, the sum of $8,644,000 for the purpose of providing loans to assist local government units, and private lake associations or similar organizations or owners of private dams, as co-applicants with local government units, to meet the costs of dam restoration projects or inland waters projects. This sum shall include administrative costs and shall be allocated as follows:
Project |
Loan Recipient |
Amount |
Kakeout Dam and Dike |
Butler Borough |
$2,162,500 |
Haledon Reservoir Dam |
Haledon Borough |
$1,150,000 |
Highland Lake Dam |
Highland Lakes Country Club and Community Association |
$588,060 |
Lake Mohawk Dam |
Lake Mohawk Country Club |
$250,000 |
Lake Swannanoa Dams 1 & 2 |
Swannanoa Sentinal Society |
$575,000 |
Sunset Lake Dam |
Cumberland County |
$915,773 |
Robinsons Branch Dam |
Clark Township |
$864,340 |
Pinecliff Lake Dam |
Pinecliff Lake Community Club |
$1,727,000 |
Administrative |
|
$411,327 |
b. Any unexpended funds from the projects listed in subsection a. of this section shall be returned to the "1992 Dam Restoration and Clean Water Trust Fund" for reappropriation to fund additional projects authorized by law.
c. Any transfer of any funds or project sponsor, or change in project site, listed in subsection a. of this section shall require the approval of the Joint Budget Oversight Committee or its successor.
2. The expenditures of sums appropriated by this act are subject to the provisions and conditions of P.L.1992, c.88.
3. This act shall take effect immediately.
STATEMENT
This bill would appropriate $8,644,000 from monies made available pursuant to the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992," P.L.1992, c.88 for the purpose of providing loans to assist local government units, and private lake associations or similar organizations or owners of private dams, as co-applicants with local government units, to meet the costs of dam restoration projects or inland waters projects as defined in the bond act. This sum would include administrative costs.
Appropriates $8,644,000 in 1992 bond act monies for loans to fund dam restoration and inland waters projects.