BOARD OF DIRECTORS APPROVES SALE OF FORMER MERCER BUS GARAGE SITE TO TRENTON |
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NJ Transit
Source: PressReleasePoint.com
10 December 2003
City to use Site for Public Benefit
NJ TRANSIT’s Board of Directors today authorized the sale of the former Mercer Bus Garage site to the City of Trenton for $250,000.
Trenton is currently undergoing an economic revitalization and this site is beneficial as the city moves forward with its plans. As part of the sale, the City will also be required to use the property exclusively for public purposes for first 20 years.
“This is a great example of what can happen when a public agency and a local community work together to bring about a positive outcome,” said NJ TRANSIT Board Chairman and State Transportation Commissioner Jack Lettiere. “The Mercer Bus will now be used by the City of Trenton to benefit and meet the needs of its residents.”
"This garage will enable Trenton to handle its Public Works vehicle needs at a central site," said Trenton Mayor Douglas H. Palmer. "In addition to improving our efficiency, the consolidation will free up parcels of land for other uses and will help us to strengthen and stabilize an area we're redeveloping along the East State Street corridor."
“The Mercer Bus Garage site served its purpose for NJ TRANSIT and now it will serve another purpose for the City of Trenton,” said NJ TRANSIT Executive Director George Warrington. “This is a great opportunity for Trenton to use this site for economic redevelopment.”