SENATE ECONOMIC GROWTH, AGRICULTURE AND TOURISM COMMITTEE

STATEMENT TO

SENATE, No. 2145

STATE OF NEW JERSEY

DATED: JUNE 23, 1997

      The Senate Economic Growth, Agriculture and Tourism Committee reports favorably Senate Bill No. 2145.

      This bill modifies the boundaries of the Hoboken South Waterfront Development Project, a waterfront development project of the Port Authority of New York and New Jersey, located in Hoboken City, Hudson County, to include property owned by Stevens Institute of Technology on which a proposed parking facility will be built, co-owned, and operated by a joint venture of Stevens and Hoboken.

      This bill would take effect upon the enactment of a similar or substantially similar statute in the State of New York.