BY JOHN BRENNAN
STAFF WRITER |
THE RECORD
The board of the New Jersey Sports and Exposition Authority has been called into session on Tuesday for a special meeting regarding the issuance $1 billion in bonds sale that would help fund the completion of the American Dream Meadowlands shopping and entertainment project.
It is the second year that the board has been called into session in August for the same purpose. A year ago, the project’s developer, Triple Five, requested the meeting because its executives said the Bergen County Improvement Authority — which had been scheduled to issue a segment of the bonds — would not be able to finalize its approvals within the 30- to 60-day window in which they said the bonds needed to be issued.
Another government driven boondoggle that we will pay for forever
Triple Five should use there own money, i assume they do have some sort of an income stream.