Acting Governor Guadagno Celebrates Completion of Bond Act Project at William Paterson University

On Jan 13, 2016

This afternoon, Acting Governor Kim Guadagno attended the grand opening of University Hall, a life sciences academic building, at William Paterson University, in Wayne. The project was completed partially through funds from the Building Our Future General Obligation Bond Act (the GO Bond Act), which was signed into law by Governor Christie in 2012.

“The taxpayers of New Jersey should be proud of their investment in William Paterson University. After all, we’re not just celebrating a new building, although it is a beautiful space and a fantastic achievement,” said Acting Governor Kim Guadagno. “This project also ensures that William Paterson University students will be armed with the best possible education to go out into the world and change it for the better.”

University Hall is an 80,000 square foot structure, with 16 general use classrooms that will serve at least 4,000 students every semester. The new facility will also allow William Paterson University to provide real-world and hands-on experience to its nursing, public health, and communication disorders students. In attendance to help celebrate the grand opening for University Hall was William Paterson University’s President, Kathleen Waldron.

“University Hall, with its important mix of general-use classrooms and dedicated laboratories and clinical spaces for our programs in nursing, communication disorders, and public health, will provide a wonderful new academic building in the center of our campus that will serve all our students while also advancing our role as a top provider of health sciences education in New Jersey,” says Kathleen Waldron, President of William Paterson University. “This new academic building represents a significant step as we seek to revitalize the main instructional facilities on our campus and provide our faculty and students with state-of-the-art teaching, clinical, and research spaces.”

The GO Bond Act was the first such bond program dedicated to capital improvement projects for higher education since 1988. All four-year public institutions of higher education, along with all county colleges and private nonprofit institutions of higher education authorized to grant degrees, organized under the New Jersey nonprofit corporation law and having an endowment valued at less than $1 billion are eligible for this program. More than $1.3 billion have been committed to capital improvement in New Jersey’s higher education system through this Bond Act.

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