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Bill > A4752
NJ A4752
NJ A4752Authorizes State Treasurer to convey surplus real property known as Learning Center in City of Vineland, County of Cumberland.
summary
Introduced
12/03/2018
12/03/2018
In Committee
12/06/2018
12/06/2018
Crossed Over
Passed
Dead
01/08/2020
01/08/2020
Introduced Session
2018-2019 Regular Session
Bill Summary
This bill authorizes the State Treasurer to sell and convey all of the State's right, title, and interest in and to the land and improvements thereon known as the Learning Center on the grounds of the former West Campus of the Vineland Development Center, that consists of 7.428± acres of land and improvements located at 860 North Orchard Road, designated as Block 2101, Part of Lot 53 in the City of Vineland, County of Cumberland, which has been declared surplus to the needs of the State. The property will be conveyed to the highest bidder of an Internet auction with a minimum bid of $1,600,000, the appraised liquidation value. The property will be sold in accordance with the terms and conditions as may be approved by the State House Commission.
AI Summary
This bill authorizes the State Treasurer to sell and convey a surplus real property known as the Learning Center, which is a 7.428± acre property located in the City of Vineland, Cumberland County. The property will be sold through an Internet auction with a minimum bid of $1,600,000, the appraised liquidation value, and the sale will be executed in accordance with the terms and conditions approved by the State House Commission.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Substituted by S3247 (on 12/17/2018)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2018/Bills/A5000/4752_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2018/Bills/A5000/4752_I1.PDF |
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