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Hudson County advances lease, financing plan for Liberty Science Center high school; commissioners seek local participation details
Summary
Commissioners introduced an ordinance to authorize up to $73 million in HCIA-backed financing for a Liberty Science Center high school and debated local participation, project-labor agreements and whether a proposed city payment for student seats is permissible under law.
The Hudson County Board of County Commissioners on Oct. 21 introduced an ordinance authorizing a lease and development agreement with the Hudson County Improvement Authority (HCIA) to finance and build a Liberty Science Center high school, with an estimated project cost not to exceed $73 million.
The ordinance would also include a lease with the Hudson County Schools of Technology to provide STEM programming to county students. County Administrator Abraham Antun summarized the administrative aspects of the project and said the financing will be arranged through HCIA lease revenue bonds.
Why it matters: The measure commits the county to construction…
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