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Fri October 22, 2010 - Northeast Edition
TRENTON, N.J. (AP) Some of the white-collar workers sidelined when New Jersey Gov. Chris Christie’s administration halted work on state-funded road and rail projects will remain out of work, at least for now.
Hundreds of road and rail projects resumed Oct. 5 after lawmakers OK’d a $1.25 billion bond sale to keep the work funded through spring. But more than 100 projects in the early development stages remain on hold.
Transportation Commissioner James Simpson said the Christie administration is extending the moratorium on early phase projects “at least until the bond sale and refinancing plan is executed.”
Simpson had ordered work stopped on all state-funded projects because the funding source, the Transportation Trust Fund, is nearly depleted.
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