LEGISLATURE SENDS GOV. PHIL MURPHY NJ TRANSIT BILL
Don’t Be a Mule

Sweeney Bill Would Help Repair & Restoration of Dams

 

 TRENTON – Legislation sponsored by Senate President Steve Sweeney that would help local communities repair and restore dams was approved by the Senate yesterday, 39 – 0. The bill, S-3049, would appropriate Screen Shot 2018-12-14 at 13.46.25$28,883,557 from 2003 and 1992 bond act monies for loans for dam restoration and repair projects and inland waters projects for 18 projects.

 

The funds will provide loans to owners of private dams, as co-applicants with local government units, or to local government units that own dams, to finance the costs of dam restoration and repair projects. The program provides loans to assist local government units, private lake associations or similar organizations in the funding of a dam restoration project or an inland waters project.

 

“New Jersey has not had the misfortune of experiencing a catastrophic dam failure but there have been an increasing number of small dam failures, largely attributed to the lack of maintenance and inspection as well as the fact that many of the dams in the State are nearing the end of their design life,” said Senator Sweeney. “The monies for the appropriations in this bill are made available due to project cancellations, withdrawals, cost savings, interest earnings, and loan repayments.”

 

The funding comes from the “2003 Dam, Lake and Stream Project Revolving Loan Fund,” and from the “1992 Dam Restoration and Clean Water Trust Fund,” established pursuant to the “Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992.”

 

In 1912, the Legislature enacted laws relating to the construction, repair, and inspection of existing and proposed dam structures. The law was amended in 1981 and became known as the Safe Dam Act. The primary goal of the Dam Safety Program is to ensure the safety and integrity of dams in New Jersey to protect people and property from the consequences of dam failures.

source Steve Sweeney

The projects:

 

Dam Name

 

Applicant Loan  Amount
Valhalla Lake Dam

 

Lake Valhalla Club $1,840,000
Lake Tamarack Dam

 

Lake Tamarack Association $500,000
Sunset Lake Dam

 

Borough of Mountain Lakes $2,100,000
Iona Lake Dam Township of Franklin (Gloucester) $4,460,000
 

Rock Island Lake Dam

 

Rock Island Lake Owners Assoc.

 

$600,000

 

Upper Crest Lake Dam

 

Farm Crest Acres Association, Inc.

 

$600,000

 

Lake Plymouth Dam

 

Lake Plymouth Community Assoc.

 

$600,000

 

Lower Twin Lake Dam

 

Pompton Lakes Borough MUA

 

$950,000

 

Union Mill Dam

 

 

Township of Evesham

 

$1,502,560

Woolman Lake Dam Township of Mount Holly $207,832
 

Lake Reality Dam

 

Lake Reality Homeowners Assoc.

 

$750,000

 

Bubbling Springs

 

Lower Township/West Milford

 

$460,000

 

Lower Crest Lake Dam

 

Farm Crest Acres Association, Inc.

 

$480,000

 

Bamber Lake Dam

 

 

Township of Lacey

 

$1,496,500

Clement Lake Dam

 

Borough of Gibbsboro $613,345
Carteret Flood Control Borough of Carteret $5,498,400
 

Shongum Lake Dredging

 

Shongum Lake Property Owners

 

$5,000,375

 

Clement Lake Dredging

 

Borough of Gibbsboro

 

$939,545

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