Executive Order No. 118 requires the State Treasurer to identify entities considered “State redevelopment entities” for purposes of E.O. No. 118. The Treasurer has identified the New Jersey Meadowlands Commission, the New Jersey Redevelopment Authority and the Capital City Redevelopment Corporation as “State redevelopment entities.”
As a result, any “redevelopment agreements” with these entities will be subject to the terms and restrictions set forth in the Executive Order.
For the full statement from the State Treasurer, click here.
For the full text of Executive Order No. 118, click here.