CHAPTER 382
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
Independent Institutions
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.
Approved January 19, 1998.