Freeholders to consider NextGen money woes

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NORTHFIELD – The Atlantic County Board of Chosen Freeholders is expected to vote on a resolution today that would provide up to $723,636 in assistance to the South Jersey Economic Development District, the federally funded regional agency that promotes development is the region. The assistance would be earmarked to the district’s Next Generation Aviation Research Park at the William J. Hughes Technical Center in Egg Harbor Township.

The resolution was a late addition to the agenda and did not appear on the agenda published on the freeholders’ website.

The resolution states that the county “has determined that it is in the best interest of the county to restore viability and stability to the SJEDD and the NextGen Project, and Atlantic County has therefore offered to provide financial and technical assistance to the SJEDD related to NextGen and to serve as lead agency for the purposes of resolving various NextGen obligations.”

If approved as proposed, the resolution would create an interagency agreement with the SJEDD and other member counties. The county would accept reimbursements of such costs as they become available, including a United States Economic Development Administration reimbursement estimated at $250,000. It would act as the lead agency in resolving outstanding claims and obligations related to the project.

The financial assistance is suggested in the resolution because “recent financial and operational difficulties have adversely affected” the district’s ability to perform tasks and satisfy financial obligations.

The meeting is scheduled for 4 p.m. today (Tuesday, Jan. 8) at the Stillwater Building, 201 Shore Road, Northfield.

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