[Second Reprint]
SENATE, No. 1473
STATE OF NEW JERSEY
INTRODUCED SEPTEMBER 19, 1996
By Senator MARTIN
An Act appropriating 1[$50,250] 2[$276,2501] $340,2502 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 1Bond1 Fund” created pursuant to section 14 of the “Jobs, Education and Competitiveness Bond Act of 1988,” P.L.1988, c.78, the sum of 1[$50,250] 2[$276,2501] $340,2502 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 1[institution] institutions1 of higher education which shall provide funds to projects which have been approved by the 1[State Board of] Commission on1 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
1Renovation 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 $80,0001
2Renovation of Hall of
Sciences at Drew University $118,900 $64,0002
2. This act shall take effect immediately.
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.