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Online News Now - June 15, 2018

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June 15, 2018

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ALLIANCE HONORED BY NJ LIBRARY ASSOCIATION  

The New Jersey Library Association honored the NJ Alliance for Action with the Association's Champion Award at the Association's Annual Conference in Atlantic City. The Alliance was recognized for its leadership in securing voter approval for the Library Construction Bond Act.

From Left to Right - Alliance for Action Executive VP Jerry Keenan, NJ Library Association Executive Director Pat Tumulty, Alliance for Action President Phil Beachem and NJ Library Association representatives Jeanne Ryan and Chris Carbone. 
PSE&G TO INVEST AT LEAST $14B IN INFRASTRUCTURE  
  
Public Service Enterprise Group plans to invest $14 billion-$17 billion over the next five years in a new infrastructure program.
 
The program would provide an opportunity for annual growth of 8 percent to 10 percent in PSEG's rate base. PSEG expects to file its clean energy plan with the New Jersey Board of Public Utilities later this year.

PORTAL BRIDGE SECURES FUNDING
 
New Jersey is putting up $600 million for construction of the new Portal Bridge over the Hackensack River in Kearny.  The 108 year old bridge's frequent malfunctions and the need to close the bridge for maritime traffic create constant bottlenecks for train traffic heading to and from New York City and is a key part of the Gateway Tunnel project.  The plan calls for the NJ Economic Development Authority to borrow the cash to pay the State's portion of the $1.5 billion replacement. Funding is also expected from the Port Authority of New York & New Jersey and the federal government.
GATEWAY SEEKS FINANCIAL ADVISER 
 
Just days after the State of New Jersey announced it's investing $600 million to pay its share of the new Portal Bridge construction, the Gateway Development Program Corporation, today, authorized a request for proposals seeking a financial advisory firm.  The financial advisor will assist in developing a financial plan and procurement strategy for the Portal North Bridge and Hudson Tunnel projects. 
PEOPLE ON THE MOVE
  • Mark Jones, Vice President, Operations at JCP&L, has been promoted to Regional President, Toledo Edison.
  • Governor Phil Murphy nominated Amy M. Rosen to the Board of Commissioners of the Port Authority of New York and New Jersey.
     
  • Mary K. Murphy has accepted the position of Director Planning and Regional Development at the Port Authority of New York and New Jersey.
  • Christine D'Agostino, Vice President of Operations, Carpenter Contractor Trust (CCT), was recently appointed to the board of the Middlesex County Improvement Authority. 
  • Italconsult USA, a wholly-owned subsidiary of Italconsult S.p.A. has acquired Boswell Engineering.  Dr. Stephen Boswell, Boswell Engineering's president, says he, Bruce Boswell and Kevin Boswell, along with all employees and the company's management structure, will remain with Boswell Engineering.  He says the addition of services performed by Italconsult for years, not currently offered by Boswell Engineering, will allow the company to better serve current and future clients.
  • Karen Mastriano has joined Waste Management as Territory Manger. 

  • Patty Egan has been promoted to Vice President at Stokes Creative Group. 
  • Kim Vierheilig has accepted a postion with AECOM as part of its Design and Consulting Services Group.
  • Clark Machemer has joined Crow Holdings Industrial as its Senior Managing Director.
UPCOMING MEETINGS

6/22/18 -  Investing in South Jersey..."Where the Action Is!," click here to register. 
7/11/18 - Morris County Alliance for Action, click here to register.

7/27/18 - Atlantic County Alliance for Action, click here to register.  

8/8/17 - Mercer County Alliance for Action, click here to register. 

8/20/18 - Ocean County Alliance for Action, click here to register. 

SENATE APPROVES GOVERNOR'S CABINET APPOINTEES 

The New Jersey State Senate has officially confirmed the appointments of:
  • Diane Gutierrez-Scaccetti as Commissioner of the Department of Transportation. 
  • Catherine McCabe as Commissioner of the Department of Environmental Protection.
  • Marlene Caride as Commissioner of the Department of Banking and Insurance.
  • Christine Norbut Beyer Commissioner of the Department of Children and Families
NJ BPU APROVES PSE&G'S $1.9B GAS SYSTEM MODERNIZATION PLAN
 
The New Jersey Board of Public Utilities has  approved the five-year gas system modernization plan proposed by Public Service Electric & Gas Company (PSE&G), signing off on $1.875 billion in costs over the next five years.


The utility says the program will create more than 3,000 jobs and spur economic growth, along with making the system safer by replacing 875 miles of pipeline.
ATLANTIC CITY OFFSHORE WIND PROJECT SET FOR REVIEW

Great news for the Fishermen's Energy offshore wind-energy project.  Governor Murphy has signed a measure requiring the Board of Public Utilities to hear proposals for the project, which is slated to produce 24 megawatts of electricity.
 
The law mandates the BPU to accept the Fisherman's amended application and review it within 90 days.  The BPU voted down the proposal twice, arguing that it would be too expensive to ratepayers.
 
Learn more about the Fishermen's Energy project, as well as the Ørsted North America and Deepwater Wind projects planned for off the coast of South Jersey on June 22 at "Investing In South Jersey... Where The Action Is!"  Click HERE for more information.
ALLIANCE RELEASES WATER INFRASTRUCTURE RECOMMENDATIONS

At the recent Water Infrastructure Symposium, the New Jersey Alliance for Action outlined a series of recommendations regarding steps the State can take to address water infrastructure issues.
 
Recommendations include: 
  • Establish a new matching grant program, financed by a $400 million bond issue recommended by the Joint Legislative Task Force on Drinking Water Infrastructure to begin addressing the need to repair water systems across New Jersey.
  • Require all operators of drinking water, wastewater and stormwater systems to submit asset management evaluations so the State can create an accurate Statewide comprehensive capital needs analysis of planned maintenance, needed repair, replacement and upgrades of systems.    
  • Authorize stormwater utilities and stormwater fees to manage systems and help pay for necessary upgrade investments.  There is currently a bill in the Legislature to create stormwater utilities.  The Alliance has long-supported the creation of stormwater water utilities.
  • Expand the Distribution Service Improvement Charge, also known as DSIC to include sewer and wastewater utilities to help water systems raise revenues to address infrastructure needs.
  • Encourage increased use of the New Jersey Infrastructure Bank and expand its funding capabilities.
  • Adopt regulations to implement the asset management requirements of the Water Quality Accountability Act.
  • Create legislation similar to the Water Quality Accountability Act to require asset management for wastewater and stormwater systems.
  • Encourage municipalities to consider selling their water systems to investor owned utilities that are more easily able to invest in the infrastructure upgrades.
  • Explore implementing a "One Water" concept, whereby decisions are made with drinking water, wastewater and stormwater systems in mind, rather than on a separate basis.

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