SENATE, No. 1706

 

STATE OF NEW JERSEY

 

INTRODUCED NOVEMBER 25, 1996

 

 

By Senators KYRILLOS, BENNETT and Palaia

 

 

An Act appropriating $302,000 from the "1996 Lake Restoration Fund" created pursuant to the "Port of New Jersey Revitalization, Dredging, Environmental Cleanup, Lake Restoration, and Delaware Bay Area Economic Development Bond Act of 1996" for the purpose of providing grants to local government units for financing the cost of lake restoration projects.

 

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

 

    1. There is appropriated to the Department of Environmental Protection from the "1996 Lake Restoration Fund," established pursuant to section 21 of the "Port of New Jersey Revitalization, Dredging, Environmental Cleanup, Lake Restoration, and Delaware Bay Area Economic Development Bond Act of 1996," P.L.1996, c.70, the sum of $302,000 for the purpose of providing grants to local government units in Monmouth County to finance the cost of the following lake restoration projects:

 

PROJECT

MUNICIPALITY

COST

Echo Lake dredging

   Howell Twp.

$150,000

Shadow Lake restoration

   Middletown Twp.

$102,000

Wesley Lake dredging

   Asbury Park/Neptune

$ 50,000

 

    2. Any transfer of any funds appropriated by this act shall require the approval of the Joint Budget Oversight Committee or its successor.

 

    3. The expenditure of the sums appropriated by this act is subject to the provisions and conditions of P.L.1996, c.70 and any regulations adopted by the department pursuant thereto.

 

    4. This act shall take effect immediately.


STATEMENT

 

    This bill appropriates a total of $302,000 from the $5 million allocation of bonds authorized for the "1996 Lake Restoration Fund" under the "Port of New Jersey Revitalization, Dredging, Environmental Cleanup, Lake Restoration, and Delaware Bay Area Economic Development Bond Act of 1996." This sum would provide grants, as authorized under section 9 (a) (1) of the bond act, to the Monmouth County municipalities cited in the bill for the purpose of financing ongoing or new lake restoration projects at the three lakes cited in the bill.

    The grant for Wesley Lake would be awarded to and administered by a special lake commission established by the two municipalities which the lake borders.

 

 

                             

 

Appropriates $302,000 from the "1996 Lake Restoration Fund" for lake restoration projects in Monmouth County.