Bill Text: NJ A4178 | 2024-2025 | Regular Session | Introduced

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Bill Title: Authorizes State Treasurer to grant temporary deed of easement in Borough of Sea Girt in Monmouth County.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-04-15 - Introduced, Referred to Assembly State and Local Government Committee [A4178 Detail]

Download: New_Jersey-2024-A4178-Introduced.html

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ASSEMBLY, No. 4178

STATE OF NEW JERSEY

221st LEGISLATURE

 

INTRODUCED APRIL 15, 2024

 

 

Sponsored by:

Assemblywoman  LISA SWAIN

District 38 (Bergen)

 

 

 

 

SYNOPSIS

     Authorizes State Treasurer to grant temporary deed of easement in Borough of Sea Girt in Monmouth County.

 

CURRENT VERSION OF TEXT

     As introduced.

  

An Act authorizing the State Treasurer to grant a temporary deed of easement for certain real property owned by the State in the Borough of Sea Girt in Monmouth County.

 

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

 

     1.    a.  The Department of the Treasury, on behalf of the Department of Military and Veterans' Affairs, is authorized to grant a temporary deed of easement of 0.5175± acres of land, located at Block 106, Lot 1 of the tax map of the Borough of Sea Girt, Monmouth County, also known as the Sea Girt National Training Center.  This temporary deed of easement shall be for a term of 30 years granted to Confluence Networks LLC, for the use of an existing underground telecom infrastructure for the installation of a new submarine cable system, for a one-time fee of $1,120,230 based on the appraised value.

     b.    The granting of this temporary deed of easement authorized by subsection a. of this section shall be executed in accordance with the terms and condition approved by the State House Commission.

 

     2.  This act shall take effect immediately.

 

 

STATEMENT

 

     This bill authorizes the State Treasurer to grant a temporary deed of easement for certain real property owned by the State within the Sea Girt National Training Center in the Borough of Sea Girt, Monmouth County. 

     The State will grant a temporary deed of easement of 0.5175± acres to Confluence Networks LLC for the use of an existing underground telecom infrastructure for the installation of a new submarine cable system.  The temporary deed of easement will be for a term of 30 years for a one-time fee of $1,120,230, the appraised value.

     The State House Commission will set the terms and conditions of the temporary deed of easement.  

     The easement was approved by the State House Commission at their meeting on November 20, 2023.