Diegnan Bill Allowing Municipalities To Authorize Parking Authorities As Redevelopment Entity Now Law

fbf99183a4a84f1720fa_Patrick_-_9432.jpg
fbf99183a4a84f1720fa_Patrick_-_9432.jpg

SOUTH PLAINFIELD, NJ – Legislation sponsored by Senator Patrick Diegnan to allow municipalities to authorize a parking authority as a redevelopment entity is now law.

“We know that smart redevelopment can help to revitalize areas within a town or city, but we have to make sure that municipalities have the flexibility to undertake projects in the most effective way,” said Senator Diegnan (D-Middlesex). “This will allow towns and cities to designate a parking authority as a redevelopment entity, allowing these agencies to use their expertise to facilitate improvement projects within the municipality.”

Highland Park Council President Phil George, who brought the initiative to the Senator, said that "in today's state and local economy, we need to look at the local end of redevelopment in relation to revenue streams. Since Parking Authorities are one of the few on-going local sources of revenue, this law would allow us to participate in revenue generation as well as overall planning, particularly in redeveloping and re-purposing our downtown areas."

Sign Up for E-News

 The law (S2226) will allow a municipality that has created a parking authority under the “Parking Authority Law” and that has also been designated as an area within the municipality to be in need of redevelopment or rehabilitation under the “Local Redevelopment and Housing Law,” to authorize its parking authority as a redevelopment entity.

Redevelopment in any municipality is a process to rebuild or restore an area that is in a measurable state of decline, disinvestment, or abandonment. If used correctly, redevelopment can transform a distressed area into an economically viable and productive part of the community.  Under state law, a municipality must implement redevelopment plans and carry out

those redevelopment projects directly through a municipal redevelopment agency, a municipal housing authority, or a county improvement authority authorized to undertake redevelopment projects.  Many municipalities, especially smaller ones, lack the number of agencies that could undertake such projects. This new law will expand the ability for municipalities to use their parking authority as a vehicle for redevelopment.

The bill was approved in the Senate by a vote of 33-2. The Assembly approved it 66-8-1. The governor signed the bill on January 8, 2018.

Senator Patrick J. Diegnan, Jr.  

The opinions expressed herein are the writer's alone, and do not reflect the opinions of TAPinto.net or anyone who works for TAPinto.net. TAPinto.net is not responsible for the accuracy of any of the information supplied by the writer.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

Edison

East Brunswick School Board Member Arrested on Prostitution Charges

April 20, 2018

EAST BRUNSWICK, NJ - Robert Cancro, 66, a member of the East Brunswick Board of Education, was one of numerous men arrested and charged with engaging in prostitution as part of an ongoing investigation by the Hazlet Police of a location on Route 36. 

Cancro was elected to the Board last year.  He has served as a teacher and an administrator for many ...

Stories About Juvenile Death Row Inmates Featured in New “Docu-play”

April 13, 2018

HIGHLAND PARK, NJ - The United States is apparently the only country in the world where children are given death sentences.

A new documentary play by Elizabeth Weill-Greenberg titled Life, Death, and Life Again: Children Sentenced to Die in Prison is being performed with coLAB Arts at the Reformed Church in Highland Park. The play will tell the true stories of people who committed violent ...

An Evening of Shining Stars Set for Friday May 4th

April 21, 2018

One of the area’s most anticipated events — “An Evening of Shining Stars” — featuring members of the special needs community from Cranford and around Union County, will take place on Friday May 4th, 2018 at 7:00 pm.

Founded by Cranford resident Sally Curci, the 7th annual showcase will feature “Music From the Decades” — with the cast set to ...

'The Sting' shimmers and shakes at Paper Mill

‘The Sting ‘slithers and shakes at Paper Mill Playhouse

By LIZ KEILL

MILLBURN, NJ – In a premiere production of “The Sting,” Harry Connick Jr. commands the Paper Mill Playhouse stage in Millburn.

Based on the sensational Paul Newman/Robert Redford film in 1973, the 1930s plot centers on a con game and gambling, sometimes on a train between New York and ...