Mon Dec 15, 2008 at 12:02:23 PM EST
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Paul Sarlo has seen the light. Apparently his recent brush with mortality has proven to him he should fight for what's right: A bipartisan bill sponsored by state Sens. Paul Sarlo of Wood-Ridge and Joseph Pennacchio of Morris Plains would exempt Xanadu and the Giants and Jets from paying a total of $90 million in fees designed to help towns provide affordable housing.
The bill, which was introduced Monday, would result in a savings of $50 million to Xanadu developers - and $40 million in combined savings for the football teams. Xanadu, a $2 billion entertainment and shopping complex, and the $1.6 billion Meadowlands football stadium would not be subject to a law passed in June that imposed a 2.5 percent fee on most non-residential construction projects.
But dont' worry - the bill is really aimed at keeping East Rutherford from having to pay for new affordable housing. Whew. There for a minute, I thought someone was going to screw the poor or something. |
| Thurman Hart :: This bill is not to benefit the people who benefit from it... |
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