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Hudson County introduces $76 million financing plan for Liberty Science Center high school project
Summary
County commissioners introduced an ordinance to enter a lease and development agreement with the Hudson County Improvement Authority to finance a Liberty Science Center high school project, estimated not to exceed $76 million; officials discussed a $10 million escrow transfer and a Dec. 11 public hearing.
Hudson County commissioners on the dais introduced an ordinance to approve a lease and development agreement with the Hudson County Improvement Authority for the Liberty Science Center High School project, with an estimated cost not to exceed $76,000,000 to be financed through county-secured lease revenue bonds.
The ordinance, presented as part of the county’s capital and bond-authority work, would allow the county to consent to financing and determine related matters needed for the project to…
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