Authorizes State Treasurer to grant temporary deed of easement in Borough of Sea Girt in Monmouth County.

This bill authorizes the State Treasurer to grant a 30-year temporary easement for 0.5175 acres of state-owned land at the Sea Girt National Training Center in Monmouth County. The easement will be granted to Confluence Networks LLC for installing a new submarine cable system using existing underground telecom infrastructure. The state will receive a one-time fee of $1,120,230 (based on appraised value) for this temporary use of the property. The bill directly affects the State as the property owner and Confluence Networks LLC as the recipient of the easement.