Pennacchio proposes $2M bond issue to alleviate Passaic flooding

TRENTON – A North Jersey senator wants to use a bond issue to help alleviate Passaic River flooding.

Sen. Joe Pennacchio, (R-26), Montville, said today that he is proposing a $2 billion bond issue that would have to be approved by the voters.

“The Passaic River has been flooding severely for decades and following Hurricane Irene and tropical storm Lee it is obvious that the Passaic River Basin needs a long-term permanent fix,” Pennacchio said in a release.

“I have had preliminary conversations with Treasury officials and the non partisan Office of Legislative Services to continue working on the language of the proposal.”

Previous coverage:

State seeks to make more funds available for Irene-damaged businesses

  Pennacchio proposes $2M bond issue to alleviate Passaic flooding