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Kyrillos: Shadow Lake Cleanup Legislation Signed into Law

Middletown– Senator Joe Kyrillos, co-prime sponsor of the original legislation establishing New Jersey’s landmark Environmental Infrastructure Trust (EIT), is pleased to announce that special financing for the cleanup of Middletown’s Shadow Lake has been signed into law by Governor Christie this afternoon:

“The Environmental Infrastructure trust was created to help communities finance costly remediation projects just like Shadow Lake in order to improve and preserve our state’s natural treasures,” said Kyrillos. “The remediation of Shadow Lake is a project has been in the making for more than a decade. Thanks to the bill signed today authorizing the latest round of EIT financing, the residents in and around Shadow Lake and Middletown will secure the necessary resources to begin its cleanup. Middletown Township will use $2.7 million in low-interest loans to dredge the lake and deposit the spoil in a licensed facility approved by the DEP. I look forward to working together to ensure that this project is completed.”

Posted: August 4th, 2011 | Author: | Filed under: Joe Kyrillos, Middletown | Tags: , , | 9 Comments »

Shadow Lake Cleanup Clears Budget Committee

Funding Measure Now Heads to Full Senate

Middletown—Senator Joe Kyrillos, co-prime sponsor of legislation establishing New Jersey’s landmark Environmental Infrastructure Trust (EIT), is pleased to announce that special financing for the cleanup of Middletown’s Shadow Lake has cleared the Senate Budget and Appropriations Committee today:

“It has been a very long fight for the residents of this community,” said Kyrillos. “I am thrilled that the financing for this project is finally nearing approval. The Environmental Infrastructure Trust was established for just this purpose- to restore contaminated natural treasures and improve the environmental quality of our communities.”

If approved by the Legislature, the bill appropriates $2.7 million in low interest financing for the Township of Middletown to dredge the Shadow Lake in order to remove contaminated sediments at the bottom of the lake. The dredge spoils will be transported to a properly licensed facility off site.

“Thanks to the efforts of Senator Kyrillos the residents of the communities surrounding Shadow Lake can rest easier knowing that a project more than a decade in the making is nearing reality,” said Middletown Mayor Tony Fiore. “In addition to the Senator’s efforts in helping secure financing for this project, he has assisted the Township with the NJDEP to find a qualified site outside of Middletown for disposal of the dredge spoils.”

The legislation now heads to the full Senate for consideration.

Posted: June 16th, 2011 | Author: | Filed under: Joe Kyrillos, Middletown, Tony Fiore | Tags: , , , , | Comments Off on Shadow Lake Cleanup Clears Budget Committee

Middletown Is Not Going Broke

You might have been concerned if you saw the Neptune Nudniks’ head line yesterday, Middletown missed loan deadline for dredging of lake.

Middletown did not miss a loan payment.  It didn’t even miss a deadline as the headline states.  The township’s leadership chose not to apply for a loan now for a project, the dredging of Shadow Lake, that they don’t anticipate happening until 2012.  Why would they?

If your bank was having a special on home mortgages that expires on on Friday, but you’re not in the market to buy a new home, did you miss the deadline for the mortgage special?

The Asbury Park Press article does present interesting and useful information about the Shadow Lake situation. It reveals that township officials are on top of the situation and are examining their alternatives.  It is unfortunate that the Nudniks chose to spin the information as if there was crisis.

Posted: November 23rd, 2010 | Author: | Filed under: Asbury Park Press, Middletown, Neptune Nudniks | Tags: , , , | 4 Comments »