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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 48: Ordinances; general purpose.
Section: 40:48-21: Financing joint project
Any municipality may raise and disburse all necessary money, either by taxation, the assessment of special benefits, or the issuance of bonds, in the manner provided by law to pay its respective share of the cost of acquiring, constructing, maintaining and operating any improvements, public works, utility or service or the acquisition of any property provided for by the joint contract.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40:48-21 (if available):
Court decisions that cite this statute: CLICK HERE.