TITLE

N.J. agency caps fees for projects over $100 million

AUTHOR(S)
Hoffman, David
PUB. DATE
January 1999
SOURCE
Bond Buyer;01/21/99, Vol. 327 Issue 30562, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the New Jersey Economic Development Authority's attempt to give developers planning projects costing over $100 million in the state a break by capping bond fees paid for state financing. Amount of cap agreed upon by the authority's board of directors in November 1998; Details of a project that would benefit from the new cap; Concern over the loss of revenue that would result from the cap.
ACCESSION #
1488595

 

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