The New Jersey Economic Development Authority’s next public Board Meeting will take place at 10:00 am on April 12, 2011 at 36 West State St., Trenton, NJ 08625.  A copy of the proposed agenda can be found prior to the meeting at www.njeda.gov/Board.  Following the Board Meeting, minutes and the full agenda will also be available at www.njeda.gov/Board.

A meeting of the Fort Monmouth Economic Revitalization Authority has been scheduled for Wednesday, March 16, 2011 at 7:00 pm at the Maple Place School, 2 Maple Place, Oceanport, New Jersey 07757. Formal action may be taken at this meeting. A copy of the proposed agenda can be found 48 hours prior to the meeting at the websites of the Fort Monmouth Economic Revitalization Authority: www.nj.gov/fmera, and the New Jersey Economic Development Authority: www.njeda.gov.

March 10, 2011 Update
The proposed agenda for the March 16, 2011 FMERA Board Meeting is available here and through FMERA’s website at www.nj.gov/fmera.

March 17, 2010 Update
The full Board Meeting agenda from the March 16, 2011 meeting is available here and through FMERA’s website at www.nj.gov/fmera.

Please note that actions taken at FMERA Board meetings are not effective until the Governor’s veto period has elapsed.  This is 10 days, excepting holidays and weekends, following the receipt of the minutes.

Countdown to Closure

Bruce Steadman
FMERA Executive Director

September 12, 2011

The closure of a military facility is a complex and painful process. Complex because it includes myriad stakeholders, competing initiatives, limited resources, difficult-to-achieve timelines, and the uniqueness of each affected community. Painful because jobs are lost, futures clouded, and the social fabric of the community is changed forever as the active duty service men and women relocate to another facility.

When Fort Monmouth was selected for closure by the federal Base Realignment and Closure Commission in 2005, the decision was met with grave concern and considerable apprehension. After all, Fort Monmouth has been a major presence in Monmouth County and New Jersey for over 94 years, serving as a source of local pride and community investment. Fort Monmouth was the lead command for the Army in C4ISR development, acquisition and sustainment, and boasted 5, 500 highly skilled employees, one third of which were engineers and scientists. Further, reports show that an estimated 22,000 jobs were supported by the Fort statewide, a concern that was particularly pronounced in the affected communities of Eatontown, Oceanport and Tinton Falls. This is the challenging environment into which FMERA was born.

When the flag comes down on September 15, the Army’s mission at Fort Monmouth officially will end. However, FMERA’s mission will just be beginning, and as we move forward, the FMERA team is committed to the highest level of integrity, responsiveness, and professionalism. We are enthusiastic about the potential that the future holds, and about the many opportunities that await us.

To all of our stakeholders and partners, we give our continued thanks and appreciation for your help and support. To the residents and businesses of Monmouth County and the State of New Jersey, we give our resolve to achieve the successful reuse and redevelopment of Fort Monmouth. To the universe of prospective employers, investors, and developers, we give our promise of an exciting and sustainable project within which to create jobs and investment for years to come.

A meeting of the Fort Monmouth Economic Revitalization Authority has been scheduled for Wednesday, February 16, 2011 at 7:00 pm at the Tinton Falls Municipal Building, 556 Tinton Avenue, Tinton Falls, New Jersey 07724. Formal action may be taken at this meeting. The proposed agenda can be found 48 hours prior to the meeting at the websites of the Fort Monmouth Economic Revitalization Authority: www.nj.gov/fmera, and the New Jersey Economic Development Authority: www.njeda.gov.


February 10, 2011 Update
The proposed agenda for the February 16, 2011 FMERA Board Meeting is available here and through FMERA’s website at www.nj.gov/fmera.


February 17, 2011 Update
The full Board Meeting agenda from the February 16, 2011 meeting is available here and through FMERA’s website at www.nj.gov/fmera.

Please note that actions taken at FMERA Board meetings are not effective until the Governor’s veto period has elapsed.  This is 10 days, excepting holidays and weekends, following the receipt of the minutes.

There will be a Special EDA Board Meeting on February 1, 2011 at 10 am at EDA Offices, 36 West State Street, Trenton, NJ. 

On January 26, 2011, the EDA held a webinar featuring the benefits of the Main Street Business Assistance Program.  To review the presentation, please follow the link below:
 

 


Due to the inclement weather, and the possible closure of the Maple Place School, the Fort Monmouth Economic Revitalization Authority’s (FMERA) Informational Meeting will be held on January 26, 2011 at the FMERA Office, 2-12 Corbett Way, Eatontown.  The meeting will begin at 5:30 pm.  The location and time change of tonight’s meeting is being done to make sure the public remains informed on the progress of the effort to redevelop Fort Monmouth.

The agenda for the Informational Meeting is available here.  The status report is available here.



On January 19, 2011, the EDA held a webinar featuring the benefits of Bond Financing.  To review the presentation, please follow the link below: