Jersey City Approves Franchise for 24 Bright St LLC
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Description
The Jersey City Municipal Council approved a 99-year franchise ordinance granting 24 Bright Street LLC permission to construct and maintain private improvements within 204 square feet of the Bright Street public right-of-way. The agreement requires $2 million liability insurance and an annual fee of $1.
Contract Details
Contract Amount
$1 per year
Vendor
24 BRIGHT STREET LLC
Agency
City of Jersey, NJ
Contract Type
CONSTRUCTION
Document Date
May 20, 2026
Contract Term
99 years or for as long as the encroachment exists, whichever expires first
Renewal Date
2125-05-20
Renewal Info
Ordinance remains in effect for 99 years or as long as the encroachment exists. The City may cancel with one-year written notice for public purpose. Annual insurance requirements reviewed by City Risk Manager; annual $1 payment required.
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City of Jersey City Municipal Council Minutes 2026-05-20
City of Jersey City Municipal Council Minutes 2026-05-20
City of Jersey City Municipal Council Minutes 2026-05-20
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