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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 63: Sale or lease of municipal facilities to privately-owned utility; conditions
Section: 40:63-135: Bonds; general provisions
The bonds authorized under this article, shall be issued and executed in all respects as provided in and under the provisions of article 1 of chapter 1 of this title (s. 40:1-1 et seq.).
There shall be raised each year in the tax levy and included in the annual budget of each contracting municipality an amount sufficient to pay the interest, and the principal of said bonds as they fall due.
This section added to the Rutgers Database: 2012-09-26 13:37:52.
Older versions of 40:63-135 (if available):
Court decisions that cite this statute:
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