Tuesday, August 16, 2016

OLN - August 15, 2016

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PENNEAST PIPELINE HEARINGS SCHEDULED
The staff of the Federal Energy Regulatory Commission (FERC Commission) is seeking public comment for the PennEast Pipeline draft environmental impact statement.  Post your support for the PennEast Pipeline, which will deliver natural gas from Pennsylvania to New Jersey, by attending public hearing at the following times:

Tuesday, August 16, 2016 (new location)
6-10pm
Holiday Inn Clinton-Bridgewater
Hunterdon Ballroom
111 W. Main Street
Clinton, NJ 
and
Wednesday, August 17, 2016
6-10pm
Patriots Theater at War Memorial
1 Memorial Drive
Trenton, NJ 
You can also send testimony to FERC by visiting the Commission's website, www.ferc.gov, under the link to Documents and Filings and comments or  mailing them to the following address:

Kimberly D. Bose, Secretary
Federal Energy Regulatory Commission
888 First Street NE, Room 1A
Washington, DC 20426

Be sure to reference the project docket number (CP15-558-000) with your submission

2016 EAGLE AWARDS WINNERS ANNOUNCED 


Six leaders of New Jersey's economic life will receive prized Eagle Awards at the New Jersey Alliance for Action's 42nd  annual dinner on October 24.  The dinner will be held at the Hyatt Regency Hotel in New Brunswick.
A sell-out crowd of New Jersey and regional leaders will turn out to pay tribute to the Alliance for Action's Eagle Award honorees at the Eagle Awards banquet on October 24 at the Hyatt Regency Hotel in New Brunswick.
           
Don't miss the special evening when we honor:
  • Honorable Stephen Sweeney, State Senate President and General Vice President of the International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers, receiving Sigurd Lucassen Labor Award.
  • James Starace, Chief Engineer, The Port Authority of NY&NJ, receiving the Dr. John L. Buzzi Engineering Excellence Award
  • Gus Anselmi, Secretary-Treasurer, Anselmi & DeCicco, Inc., receiving the Ellis S. Vieser Lifetime Achievement Award
  • Jim Fakult, President, JCP&L, receiving the President's Award
  • William Varley, President, New Jersey American Water, receiving the Walter Rand South Jersey Award
  • Steven M. Rose, President, Passaic County Community College, receiving the Richard Hale Chairman's Award
Click here for ticket and advertising book information. 
AMERICAN DREAM SECURING ADDITIONAL STATE FUNDING
American Dream Meadowlands took a step toward securing $800 million in state-backed financing. American Dream Meadowlands has taken a major step forward with news that the New Jersey Sports and Exposition Authority has unanimously voted to advance a new financing plan for the megamall.

The Sports Authority had already agreed to issue $350 million in bonds on behalf of Triple Five, the developer of the mall. Under the proposed financing plan, the Sports Authority will issue another $800 million in debt.
American Dream expects to open in late summer 2018.



MCGUIGAN TOMBS & COMPANY JOINS ITS PRACTICE WITH WITHUMSMITH+BROWN
McGuigan Tombs & Company, a $3 million plus certified public accounting firm based in Manasquan, joined its practice with WithumSmith+Brown, PC (Withum), a regional CPA and consulting firm with 14 offices, 800 staff members and annual revenue of $140M, ranking in the top 30 firms in the country. All of McGuigan Tombs' team members will relocate to Withum's Red Bank office.
"We are thrilled to have the staff from McGuigan Tombs come on board," says Andy Vitale, CPA, the partner in charge of the acquiring firm's Red Bank office. "Their expertise in serving clients in the construction industry will nicely augment our current construction practice. They will also enhance our private company practice in the local market."

AMERICAN WATER TO PURCHASE SHORELANDS WATER COMPANY
               
Voorhees-based American Water, the nation's largest publicly traded water and wastewater utility company, announced that it has signed an agreement to acquire the Shorelands Water Company, a privately owned water utility that provides water services to more than 11,000 customer accounts in Monmouth County. Financial and other terms of the sale were not disclosed. The agreement is subject to the review and approval of the New Jersey Board of Public Utilities.
When completed, the acquisition will continue the expansion of New Jersey American Water's operations. Earlier this year, American Water completed the acquisition of Environmental Disposal Corporation (which provides service in the Bernards and Bedminster area), and New Jersey American Water acquired the former Roxiticus Water Company (in Mendham Township) and began providing water and wastewater service to Elk Township.




PEOPLE ON THE MOVE

  • The NJ State Senate approved Governor Christie's nomination of Rick Hammer as Commissioner of the NJ Department of Transportation.