New Jersey Infrastructure Bank Board of Trustees Meeting
The board meeting focused on several key items including the adoption of the Audited Financial Report for the State fiscal year ended June 30, 2026. The board authorized contracts for Water Bank technical services and the issuance of a Request for Qualifications for a Water Bank Staff Augmentation Pool. Approval was also granted for short-term construction loans for various municipal utilities authorities. Furthermore, the meeting included updates on the Transportation Bank and Water Bank project pipelines, along with a review of recent institutional financial activities and bond issuances.
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New Jersey Infrastructure Bank Minutes Of The Board Of Trustees Meeting
The Board meeting covered various financial and operational matters, including the status of transportation and water bank project pipelines and construction loan programs. Key actions included the authorization of amendments to select a banking facility provider, approval of a commercial paper financing program and agreement with Morgan Stanley, and the awarding of a web accessibility and ADA compliance services contract. Additionally, the Board authorized a lease extension for current office space and approved short-term construction loans for the Bergen County Utilities Authority and the City of Camden. The meeting concluded with recognition of a departing Board member's service.
Jun 11, 2026·Board meeting
New Jersey Infrastructure Bank Board Of Trustees Meeting
The board reviewed updates regarding the Transportation Bank and Water Bank project pipelines, including the status of contract authorizations and loan disbursements for construction financing programs. Key resolutions passed included the establishment of SFY2027 interest rates for Water and Transportation Bank construction financing, the selection of Morgan Stanley & Co. LLC as the banking facility provider for an extendable commercial paper program, and the award of a three-year contract to MGT Impact Solutions, LLC for information technology managed security services. Additionally, the board approved a short-term construction loan for a lead service replacement project in Wildwood City.
Oct 16, 2025·Board meeting
New Jersey Infrastructure Bank Board Of Trustees Meeting
The board received status reports on the Water Bank and Transportation Bank project pipelines, updates regarding construction loan programs, and a review of outstanding procurements. Key actions included the acceptance of the audited financial report, authorization for a new office lease, approval of a contract for an electrical assessment of the Trenton Water Works, and the authorization of several short-term construction loans.
