Paper-Starved N.J. Awaits $711M of Grant-Backed Transit COPs
- New Jersey turning to transit COPs. Hoffman, David // Bond Buyer;12/23/99, Vol. 330 Issue 30794, p1
Reports on the possible structuring of a deal between the state of New Jersey and the New Jersey Transit Corp. as certificates of participation backed by federal grants. Illegality of structuring the whole deal as a grant anticipation note sale (GANS); Exclusion of GANS upto year 2003.
- New Jersey Transit to Sell $275M In COPs for New Multi-Level Train Cars. Cataldo, Adam L. // Bond Buyer;8/18/2005, Vol. 353 Issue 32199, p3
Reports on the plan of the New Jersey Transit Corp. to issue certificates of participation (COP) to help finance the purchase of multilevel rail cars. Pledge of federal grants for the COPs; Rating of the deal by Moody's Investor Service.
- ACES ready to go. // Railway Age;Jan2009, Vol. 210 Issue 1, p21
The article announces the plan of NJ Transit to start offering rail service between New York City and Atlantic City, New Jersey through its ACES on February 6, 2009. ACES is a joint venture of Caesars Atlantic City, Harrah's Resort Atlantic City, and Borgata Hotel Casino and Spa. Collectively,...
- NJ Transit maps record capital program. // Railway Age;Apr93, Vol. 194 Issue 4, p6
Announces NJ Transit's unveiling of a $514 million capital improvement program for fiscal year beginning July 1, 1993. Approval required from state legislature and regional planning agencies; Provisions; Smaller projects.
- NJ Transit: On a growth curve. Vantuono, William C. // Railway Age;May93, Vol. 194 Issue 5, p55
Reports on New Jersey Transit's expansion plans for the next five years after 1993. $514 million for 1994; Rail system reconfiguration; Upgrade of existing services; Integration of bus and rail; TransitCheck incentive program; Funding for operations.
- Light rail for New Jersey's waterfront. // Railway Age;May93, Vol. 194 Issue 5, p56
Discusses New Jersey Transit's planned light rail system in Hudson and Bergen counties. Study on Locally Preferred Alternative (LPA) transport system; Transit options; Consensus from 12 municipalities; Timetables; Fleet build-up.
- NJ Transit adds to a `circle of mobility'. Vantuono, William C. // Railway Age;Jul96, Vol. 197 Issue 7, p19
Reports on New Jersey Transit's launching of its MidTOWN DIRECT Service. Features of the service; Benefits of the service for the company's plans to have unified system; Background to the construction of the service.
- New Jersey Transit Approves 22% Fare Hike. Kaske, Michelle // Bond Buyer;4/15/2010, Vol. 372 Issue 33300, p4
The article reports on the approval of a system-wide fare increase of 22 percent to generate 126.6 million dollars in revenue and help close the expected fiscal 2011 deficit by the New Jersey Transit.
- NJ Transit May Hike Fares in May To Offset Funding Cut, Deficit. Kaske, Michelle // Bond Buyer;2/18/2010, Vol. 371 Issue 33268, p7
The article reports on the possibility of New Jersey (NJ) Transit's increasing the fares on buses and trains.