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1 NEW JERSEY ALLIANCE FOR FISCAL INTEGRITY, LLC v. NEW JERSEY SPORTS AND EXPOSITION AUTHORITY AMEREAM LLC -- rank: 1000

... the ERG bond resolutions fares no better. NJAFI argues that N.J.S.A . 5:10-10 (a) does not authorize the issuance of the ERG bonds ... ERG bonds will be issued pursuant to the NJSEA Law, N.J.S.A. 5:10-10, which authorizes the NJSEA to issue bonds or notes for any of its corporate purposes, N.J.S.A. 5:10-10(a). Those purposes include those set forth in N.J ... Law gives the NJSEA broad authority to issue bonds. Under N.J.S.A. 5:10-10(a), it has "the power . . . to issue its bonds or ... otherwise expressly provided in the act or by the [NJSEA]." N.J.S.A. 5:10-10(b). The NJSEA "may issue such types [of] bonds or ... prices and in such manner as the authority shall determine." N.J.S.A. 5:10-10(e). As previously noted, N.J.S.A. 52: ...

docket:	a0052-16
court:	NJ Superior Court Appellate Division
decided:	2016-10-03
status:	unpublished
citation:
Document Size:	40425