Authorizes municipal dredging of lagoon community waterways and levying of special assessment or issuing of bonds to finance such dredging.
Impact
The bill permits municipalities to contract with licensed and certified individuals or companies to perform dredging and properly dispose of the dredged material. It specifically allows municipalities to finance these activities using special assessments on property owners who will benefit from the dredging, or through the issuance of bonds as capital improvements. As a result, this could significantly affect how local governments manage their financial resources for infrastructure projects, especially in coastal areas that depend heavily on waterway access.
Summary
Assembly Bill A1735 aims to authorize municipalities in New Jersey to undertake dredging projects in lagoon community waterways. A 'lagoon community' is defined as any residential development in a coastal municipality where the waterways serve as access routes and typically function as streets for boat transportation. This legislative initiative is crucial in maintaining navigability and accessibility within these communities, particularly where natural or manmade waterways require restoration or maintenance. The bill indicates that both restorative and maintenance dredging could be conducted to support the transportation needs of residents.
Contention
While the bill is designed to facilitate necessary improvements for lagoon communities, potential points of contention might arise concerning the funding mechanisms. By levying special assessments, there may be concerns from property owners about the fairness of this approach and its implications for community finances. Critics may argue that placing the financial burden on local residents could lead to disputes over the valuation of benefits derived from dredging activities. Furthermore, the reliance on bonds could factor into long-term debt management for municipalities, raising valid questions regarding fiscal responsibility and sustainability.
Establishes special dredging account; directs $5,000,000 of sales tax collected annually be deposited therein; directs DEP to administer account and dredging program with certain requirements.