[CPEO-MEF] REUSE: Ft. Monmouth (NJ) property transfer

[Lenny Siegel <lsiegel@cpeo.org>]

Fort to begin transition to private ownership
FMERA and Army to split proceeds of land sale

BY MIKE DAVIS
Atlanticville (NJ)
December 15, 2011

TINTON FALLS - Within 18 months, residents can expect to call the  
bulk of Fort Monmouth private property.

The contract between the U.S. Army and the Fort Monmouth Economic  
Revitalization Authority (FMERA) states that as many as 563  
residential units and 1.7 million square feet of office and retail  
space could be realized on the fort property.

...

"If the Army is unable to clean up a particular area to the  
appropriate standard, then the deed will note a stipulation that the  
property is being sold subject to the contamination. There would  
potentially be certain uses that might not be allowed on that  
particular property."

"For the most part, the environmental issues that need to be dealt  
with are being dealt with. We ensure that the primary redevelopment  
areas will not have any significant environmental issues," Steadman  
added.

...

For the entire article, see
http://atl.gmnews.com/news/2011-12-15/Front_Page/ 
Fort_to_begin_transition_to_private_ownership.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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