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New Jersey Statutes, Title: 58, WATERS AND WATER SUPPLY
Chapter 26:
Section: 58:26-26: Issuance of bonds
8. In order to pay its part of the cost of the water supply facility, a public entity may issue bonds in accordance with the "Local Bond Law," N.J.S.40A:2-1 et seq. If a public entity enters into a financing instrument the proceeds of which are used by the private firm for a capital expenditure for the benefit of a water supply facility, the expenditure of the funds provided by the public entity shall be in compliance with applicable public contracting statutes. L.1995,c.101,s.8.
This section added to the Rutgers Database: 2012-09-26 13:37:57.
Older versions of 58:26-26 (if available):
Court decisions that cite this statute:
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