HUDSON COUNTY — The new Hudson County Schools of Technology building planned to be constructed in the southern part of Secaucus will cost just under $200 million, according to School Superintendent Frank Gargulo, who gave a detailed report to a county freeholder committee this week.
Gargulo said state funding could cover as much as 70 percent of the cost of construction if the criteria for aid remains the same as it is today. The impact on local taxpayers could reduced significantly if the county gets a good price on the sale of land for the two existing campus sites, in Jersey City and North Bergen.
“I can’t say how much we will receive,” Gargulo told the freeholders at the Jan. 13 meeting, “But it should be substantial.”
The county would seek other funding sources, said Freeholder Chairman Bill O’Dea, before it would bond to cover the remaining costs.
One prerequisite to getting a vote from the Jersey City freeholders for the project would be establishing a satellite school in Jersey City.
The main campus will be located near Laurel Hill County Park in Secaucus.
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