New Jersey Transit
Home > About Us >

 NEW JERSEY TRANSIT CORPORATION

NJ TRANSIT BUS OPERATIONS, INC.

NJ TRANSIT RAIL OPERATIONS, INC.

NJ TRANSIT MERCER, INC.

NJ TRANSIT MORRIS, INC.

REGULARLY SCHEDULED BOARD OF DIRECTORS’ MEETINGS

 

FEBRUARY 11, 2015 @ 9:00 A.M.

 

FINAL AGENDA

 

Ø CALL TO ORDER

 

Ø APPROVAL OF MINUTES OF PREVIOUS MEETINGS

 

Ø PUBLIC COMMENTS ON AGENDA ITEMS AND OTHER MATTERS

 

Ø BOARD MEMBER COMMENTS

 

Ø ADVISORY COMMITTEE REPORT

 

Ø SENIOR CITIZEN AND DISABLED RESIDENT TRANSPORTATION ADVISORY COMMITTEE REPORT (NEXT REPORT JUNE 2015)  

 

Ø BOARD COMMITTEE REPORTS

Customer Service Committee

Administration Committee

Capital Planning, Policy and Privatization Committee

 

Ø EXECUTIVE DIRECTOR’S MONTHLY REPORT

 

ACTION ITEMS

 

ITEM 1502-01:         ABERDEEN:   SALE OF PROPERTY TO FACILITATE TRANSIT-ORIENTED DEVELOPMENT

Authorization to negotiate and execute the sale of approximately 74,109 square feet (1.7 acres) of excess, vacant land and to grant an access easement across approximately 12,296 square feet of additional excess vacant land, all of which is part of Aberdeen Township, Tax Block 259, Lot 8, along the eastbound right of way of NJ TRANSIT's North Jersey Coast Line, at Milepost 6.7, to Highview Homes at Aberdeen, LLC, of Red Bank. 

 

The sale will enable the buyer to construct parking to support its transit-oriented development on adjacent land.  The buyer will pay NJ TRANSIT an amount not less than $500,000 at closing, which shall increase by three percent compounded annually if the buyer's efforts to obtain all unappealable land-use approvals for the adjacent land delay the closing date into a fourth or fifth year following execution of the contract of sale.

 

 

 

In addition, prior to closing, NJ TRANSIT will be paid a nonrefundable fee of $25,000 for each of a maximum of three six-month extension periods that the buyer needs for obtaining development approvals.  The sale is subject to terms and conditions that ensure NJ TRANSIT's unimpeded access to its adjacent right of way.  The buyer also is obligated to pay for any environmental remediation.  The sale is contingent upon the buyer obtaining all unappealable land-use approvals for its proposed transit-oriented development.

 

ITEM 1502-02:   MULTILEVEL CAR 7028

Authorization to execute a change order to NJ TRANSIT Contract No. 13-627 with Bombardier Transit Corporation of Bensalem, Pennsylvania, clarifying that the prior authorizations to repair previous damage, perform scheduled routine maintenance, and make minor vehicle modifications to the multilevel fleet include        NJ TRANSIT multilevel car 7028, and to perform similar repairs to other multilevel vehicles if determined necessary.

 

 

 

Ø     EXECUTIVE SESSION AUTHORIZATION: Discuss personnel matters, the status of pending and anticipated litigation and matters falling within the attorney-client privilege, including, but not limited to, the Proposed Settlement of a Pending Lawsuit.

 

ITEM 1502-03:  PROPOSED SETTLEMENT OF A PENDING LAWSUIT

Authorization to settle the claim of an NJ TRANSIT employee, through his attorney, at an amount discussed and considered in executive session Board Item 1502-03.

 

 

 

Ø ADJOURNMENT

To view the detailed version of this Board Agenda, click here