Bayonne Uses Water Concession Fund for Aqueduct Easements
Bayonne Local Redevelopment AuthorityPublic Authority · Bayonne, NJ- Disclosed value
- Not specified; Utility Rate Stabilization Fund distributions authorized for easement-related payments, including an initial $27,438 transfer for one easement and a $1 threshold reduction for another; future additional transfers capped at $100,000 per easement resolution
- From minutes
- Document date
- Aug 26, 2026
The 30-second brief
Bayonne relied on its ongoing concession arrangement with Bayonne Joint Water Venture, LLC to fund aqueduct pipeline easement obligations. The resolutions authorize Utility Rate Stabilization Fund distributions and reference the 2012 concession agreement and a 2023 amendment.
Bayonne Joint Water Venture LLC holds this utilities contract with Bayonne Local Redevelopment Authority.
Term as filed: Concession Agreement dated December 20, 2012; Amendment No. 1 approved in 2023; duration not stated.
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Contract details
- Contract type
- Utilities
- Amount
- Not specified; Utility Rate Stabilization Fund distributions authorized for easement-related payments, including an initial $27,438 transfer for one easement and a $1 threshold reduction for another; future additional transfers capped at $100,000 per easement resolution
- Document date
- August 26, 2026
- Term
- Concession Agreement dated December 20, 2012; Amendment No. 1 approved in 2023; duration not stated
- Vendor
- Bayonne Joint Water Venture LLC
- Source document
- City of Bayonne Minutes Special Meeting and Regular Meeting August 26, 2026 (Minutes)
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Questions about this contract
Who was awarded the utilities contract by Bayonne Local Redevelopment Authority?
Bayonne Joint Water Venture LLC was awarded this utilities contract by Bayonne Local Redevelopment Authority, as recorded on August 26, 2026. The contract value is Not specified; Utility Rate Stabilization Fund distributions authorized for easement-related payments, including an initial $27,438 transfer for one easement and a $1 threshold reduction for another; future additional transfers capped at $100,000 per easement resolution.
How much is the Bayonne Joint Water Venture LLC contract with Bayonne Local Redevelopment Authority worth?
The Bayonne Joint Water Venture LLC contract with Bayonne Local Redevelopment Authority is valued at Not specified; Utility Rate Stabilization Fund distributions authorized for easement-related payments, including an initial $27,438 transfer for one easement and a $1 threshold reduction for another; future additional transfers capped at $100,000 per easement resolution, covering utilities work.
What type of contract is this?
This is a Utilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Bayonne Minutes Special Meeting and Regular Meeting August 26, 2026 (Minutes), dated August 26, 2026 from Bayonne Local Redevelopment Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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