New York Waste Tansfer Deal to Bring $10M to Jersey City

October 7, 2014

1 Min Read
New York Waste Tansfer Deal to Bring $10M to Jersey City

Jersey City Mayor Steve Fulop spoke at last night’s city council caucus about a deal with the New York Department of Sanitation that will bring $10 million to the city for completion of Reservoir 3 in the Heights in exchange for expansion of a Jersey City facility handling New York waste.

“This is an opportunity for another showcase park and that will really be the most significant park project in Jersey City,” Fulop said tof the agreement in which IESI NY Corp. is to commence a containerized municipal solid waste operation near Liberty State Park for up to three decades.

The mayor said the deal will allow IESI to expand its industrial property at Greenville Yards in exchange for a $10 million Host Community Payment to be applied to the reservoir project. He said it will also provide Jersey City with $250,000 annually in host transfer fees for operations at the waste transfer facility.

The expansion of Greenville Yards will remove 800,000 tons of waste currently driven through Jersey City streets. It will instead be transported in sealed containers of barge-to-rail, never entering the Jersey City community, the city said in a press release.

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