HUFFINGTON POST / REUTERS: …In bond documents, the Port Authority said the project was part of “Lincoln Tunnel Access Infrastructure Improvements,” although the Skyway is more than 9 miles (14 kilometers) south of the Lincoln Tunnel connecting Weehawken, New Jersey and midtown Manhattan in New York City.
The Christie administration had relentlessly lobbied to use Port Authority money to repair the Skyway but was told it was ineligible because the bridge is state-owned and operated, the Times reported. The Port Authority recast the bridge as an access road to the Lincoln Tunnel and the funding was secured, the newspaper said.
Investigators are scrutinizing the accuracy of the access road description as a possible violation of the Martin Act, a New York State law that carries felony charges for intentionally deceiving bond holders, according to the Times. The probe could also result in civil action under the Martin Act or by the SEC under federal securities laws… (more)
