2017 New Jersey Revised Statutes
TITLE 58 - WATERS AND WATER SUPPLY
Section 58:30-8 - Contract for long-term lease or sale.

Universal Citation: NJ Rev Stat § 58:30-8 (2017)

58:30-8 Contract for long-term lease or sale.

8. After the proposed contract and proposed use of proceeds have been approved pursuant to subsection c. of section 7 of P.L.2015, c.18 (C.58:30-7), the governing body of the owner may, by resolution adopted by at least two-thirds of its authorized membership, enter into a contract for the long-term lease or sale of the water or wastewater assets with the designated respondent.

L.2015, c.18, s.8.

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