Voters Should Have Their Say on Bonds to Finance State Office Leasing Scheme
(SAYREVILLE, NJ) – Assemblyman John S. Wisniewski has filed a lawsuit to halt Governor Christie’s unconstitutional debt scheme to finance the demolition and construction of state office buildings. The suit, filed in Mercer County Superior Court, seeks to halt the sale of bonds by the New Jersey Economic Development Authority (EDA) to finance the project.
“Once again, Governor Christie’s contempt for New Jersey’s voters has resulted in the Governor making an end-run around our State Constitution’s requirement that voters approve state debt of this magnitude” said Wisniewski. “His disregard for both the law and the public is shameful.”
Currently, the state plans to lease state buildings to the New Jersey Economic Development Authority (EDA) so that the EDA can bond to finance their demolition and the construction of new buildings. Upon completion, the EDA will lease the new facilities back to the state.
“New Jersey residents are on the hook for the cost of these projects, which are expected to total hundreds of millions of dollars,” said Wisniewski. “If we are a state guided by law, the voters would have their say. Apparently, Governor Christie thinks we are not. I vehemently disagree.”
In addition to the Governor, the Defendants in Wisniewski’s lawsuit include The NJ Department of the Treasury, State Treasurer Ford M. Scudder, the New Jersey Economic Development Authority, the New Jersey State House Commission, and the Joint State Leasing and Space Utilization Committee.