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CONSTRUCTIONAPPROVED

City of Jersey City Municipal Council Minutes 2026-05-20

Jersey City Approves Franchise for 24 Bright St LLC

$1 per yearCity of Jersey24 BRIGHT STREET LLCMay 20, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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