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Tom Kean Letter to Treasurer Abelow
By wmurrayJune 26, 2007
Honorable Bradley Abelow
Treasurer,
State of New Jersey
State House
Trenton, New Jersey 08625-0002
Dear Treasurer Abelow:
During your press availability Friday afternoon you stated that your plans for “an extraction of value from an existing asset” were closely modeled on a transportation system in United Kingdom or Canada. As you are aware this issue is extremely important to New Jersey’s residents. The public would be very interested to know precisely what the model is for the sale or lease of New Jersey’s toll roads or other assets.
I am sure that the public would also be interested in learning what outside consultants or firms have been hired or submitted bids for services related to your plans to begin the process of “asset monetization.” Additionally, please make public what financial liabilities have been incurred or billed to date on any and all services related to the monetization of any asset currently owned or operated by the State of New Jersey or by an independent state authority.
Finally, while I am sure that you are moving prudently on an issue as complex as this one I would be most interested in what timeline you and the governor envision for the finalization of any “asset monetization” proposal. Due to the long term implications for New Jersey’s families I am sure you would agree that the citizenry must be kept cognizant of any changes or modifications in the disposition of public assets.
Thank you in advance for your attention to these matters. I look forward to speaking with you in the near future.
Sincerely,
Thomas H. Kean Jr.
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