Notice of Public Hearing (TEFRA)
NOTICE OF PUBLIC HEARING (TEFRA) ( Posted September 2, 2025 at 12:25 pm)
NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY NOTICE OF PUBLIC HEARING
On September 10, 2025, the New Jersey Economic Development Authority (the “Authority”) will hold a public hearing at its regular monthly meeting, which begins at 10:00 a.m., at the Authority’s Board Room located at 36 West State Street, Trenton, New Jersey 08625 and via teleconference at 1-888-790-3708 (Conference ID: 7825427) with respect to the below listed application for private activity bond financing in accordance with the public notice requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended.
Application Number: | Product 321879 |
Project Applicant & Address: | The Atlantic City Sewerage Company. |
| 1200 Atlantic Avenue, Suite 300 |
| Atlantic City, New Jersey 08401 |
Operator of Project & Address: | Same as above |
Project Locations: | Various locations throughout the City of |
| Atlantic City, in the County of Atlantic, New Jersey |
Maximum Amount of Bonds Requested: | Not exceeding $9,000,000 |
Description of Projects: | Financing is sought to finance the reconstruction, rehabilitation, replacement, upgrade and expansion of various sections and components of the Applicant’s sanitary sewerage system. |
At the public hearing, any and all persons calling in will be afforded an opportunity to comment on the proposed issuance of bonds and the location and nature of the Project to be financed thereby. Interested persons are also invited to submit written comments, speak at the public hearing, or both. Comments provided in writing must be provided no later than 5:00 p.m. on the day before the hearing the Authority’s meeting at the Authority’s address: 36 West State Street, Trenton, New Jersey 08625.
PRIVATE ACTIVITY BOND FINANCINGS OF THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY ARE NOT OBLIGATIONS OF THE STATE OF NEW JERSEY, NOR ANY COUNTY OR MUNICIPALITY THEREOF.
Funding for such financings is secured privately through conventional lending sources.
This notice is published in accordance with the public notice requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended.
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