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New Jersey Statutes, Title: 5, AMUSEMENTS, PUBLIC EXHIBITIONS AND MEETINGS
Chapter 10a: Hackensack Meadowlands
Section: 5:10a-80: Acceptance of loans.
80. A transportation planning district may accept loans from any public or private source, including, but not limited to, the State Transportation Infrastructure Bank established under section 2 of P.L.1997, c.142 (C.27:1B-21.11), pursuant to a project agreement for the purpose of undertaking and completing a transportation project as permitted by the commission. In this event, the project agreement shall include the obligation of the commission to make payments to the public or private source for repayment of the loan from a transportation planning fund or other available sources according to an agreed upon schedule of payments.
L.2015, c.19, s.80.
This section added to the Rutgers Database: 2015-02-21 13:34:34.
Older versions of 5:10a-80 (if available):
Court decisions that cite this statute:
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