Monday, July 17, 2017

Lawmakers: Public cut out of Christie’s $300M renovation

Boarded-up windows at NJy Statehouse, in Trenton, N.J. (Photo: Mel Evans, AP)
Michael Catalini reports for The Associated Press:

TRENTON - Gov. Chris Christie’s administration sought to borrow hundreds of millions of dollars to renovate New Jersey’s deteriorating statehouse four months before the project was authorized, cutting out the public in a process a bipartisan group of lawmakers describe as “rigged,” according to interviews and documents.

The Christie administration put out a request for proposals for a finance company to sell bonds to rehab the dilapidated building in December and selected RBC Capital Markets in January, months before an April meeting of a joint legislative-executive branch committee that approved the project, according to documents obtained by The Associated Press through a records request.

The Republican governor says that everything was done legally and has defended his handling of the sweeping project to renovate the executive wing of the building — part of which dates to the 18th century and has flaking paint, duct-taped skylights and inadequate fire safety devices.

There is little prospect for stopping the project, which could end up costing nearly a half-billion dollars and has drawn concerns about transparency and a lawsuit from Democrats and Republicans. A Superior Court judge ruled last month that the lawsuit was moot since the bonds to pay for the project had already been sold.

Like this? Use form in upper right to receive free updates
See popular posts from the last 30 days in right column --- >>

Subscribe here to view all our YouTube videos

Repost this article