STACK & RAMOS ANNOUNCE $16 MILLION IN TRANSPORTATION CAPITAL PROGRAM FUNDING

(HOBOKEN) – 33rd District legislators Senator Brian P. Stack and Assemblyman Ruben J. Ramos, Jr. applauded the NJ Department of Transportation’s proposal to grant $16 million in funding from the Transportation Capital Program to the City of Hoboken.

“This aid will help offset costs to municipalities in the district,” Stack said. “I thank the Department of Transportation for including these projects in their decision.”

The $16 million in transportation capital program funding will be used to rehabilitate current infrastructure and provide for operational and safety improvements of current roads. The funding is part of a proposed capital plan that outlines $3.5 billion throughout the State for projects and programs the DOT plans to undertake in 2012.

“I’m pleased to see that this much needed funding to repair our transportation infrastructure is being made a priority,” said Ramos. “This is great news for the City of Hoboken.”

The areas that have been selected for funding in the 33rd District:

Hoboken Observer Highway Operational and Safety Improvements – $1.8 million
Newark and First Street Improvements, Hoboken – $215,977
Route 139, Contract 3 (Hoboken and Conrail Viaducts) – $14 million

“This aid will provide much needed financial relief at the local level, while creating numerous temporary jobs,” Ramos said.

“This money helps our town afford repairs and renovations that they might not otherwise be able to afford,” Stack added.

To date, Senator Stack and Assemblyman Ramos, along with Assemblywoman Caridad Rodriguez, have brought back close to $19 million in state aid in the past three months, including the $4.1 million Hoboken University Medical Center received earlier this week and $1.5 million Hoboken received earlier this year to repair the collapsed portion of Sinatra Drive.