reglab/housing_qa huggingface dataset:
NJ Rev Stat § 40:68A-26 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-26 - Competitive activities

40:68A-26. Competitive activities  After the creation of a port authority as provided herein, no municipality within the district shall have power to engage in, or grant any license or permit to any person, firm, corporation or association to engage in, any activities within such municipality which would be competitive with the purpose of the port authority as provided in this act. The provisions of this section shall not be construed, however, to affect or impair any contracts entered into prior to the creation of a port authority. L.1948, c. 349, p. 1400, s. 26, eff. Sept. 1, 1948.
NJ Rev Stat § 40:68A-27 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-27 - Liberal construction; regulation of port authorities

40:68A-27. Liberal construction; regulation of port authorities  This act shall be construed liberally to effectuate the legislative intent and as complete and independent authority for the performance of each and every act and thing herein authorized, and a port authority shall not be subject to regulation as to its service charges or as to any other matter whatsoever by any officer, board, agency, commission or other office of the State. L.1948, c. 349, p. 1400, s. 27, eff. Sept. 1, 1948.
NJ Rev Stat § 40:68A-28 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-28 - Partial invalidity

40:68A-28. Partial invalidity  If any section, subsection, clause or provision of this act shall be adjudged unconstitutional or to be ineffective in whole or in part, to the extent that it is not adjudged unconstitutional or is not ineffective it shall be valid and effective and no other section, subsection, clause or provision of this act shall on account thereof be deemed invalid or ineffective, and the inapplicability or invalidity of any section, subsection, clause or provision of this act in any one or more instances or under any one or more circumstances shall not be taken to affect or prejudice in any way its applicability or validity in any other instance or under any other circumstance. L.1948, c. 349, p. 1401, s. 28, eff. Sept. 1, 1948.
NJ Rev Stat § 40:68A-29 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-29 - Short title

40:68A-29. Short title  This act shall be known and may be cited as the "municipal port authorities law." L.1960, c. 192, p. 807, s. 1, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-30 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-30 - Declaration of public interest and policy

40:68A-30. Declaration of public interest and policy  It is hereby found that there exists a lack of adequate port facilities available for public use in municipalities in, along or through the territory of which a navigable river flows and it is hereby declared to be in the public interest and to be the policy of the State to foster and promote by all reasonable means the establishment and development of port facilities in municipalities in, along or through the territory of which a navigable river flows and thereby bettering the public health, welfare and convenience and increasing the availability of proper port facilities which cannot be adequately secured except by exercise of the powers of government. It is the purpose and object of this act to further and implement such policy by (1) Authorizing municipalities in, along or through the territory of which a navigable river flows by means and through the agency of a municipal port authority, to acquire, construct, maintain, operate, improve or lease public port facilities; (2) Authorizing the making of charges for the use or the services of such facilities, and providing for the establishment, collection and enforcement of such charges; (3) Creating as bodies corporate and politic municipal port authorities to have full responsibility and powers with respect to such facilities and the establishment, collection, enforcement, use and disposition of such charges for the use or services of such facilities; (4) Providing for the financing of such facilities, for the issuance of bonds therefor, and for the payment and security of such bonds; and (5) Granting to municipalities in, along or through the territory of which a navigable river flows and to such municipal port authorities discretionary powers to provide for public port facilities or a system thereof and obtaining funds to defray the cost thereof from the users of such facilities or from counties or municipalities or from other persons contracting for or with respect to the same. L.1960, c. 192, p. 807, s. 2, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-33 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-33 - Officers, agents and employees; civil service

40:68A-33. Officers, agents and employees; civil service  a. Every municipal port authority, upon the first appointment of its members and thereafter on or after February 1 in each year, shall annually elect from among its members a chairman and a vice-chairman who shall hold office until February 1 next ensuing and until their respective successors shall have been appointed and qualified. Every municipal port authority may also appoint and employ a secretary and a treasurer and it shall determine their qualifications, terms of office, duties and compensation. Such municipal port authority may also appoint and employ such other agents and employees as it may require and it shall determine their duties and compensation. b. (1) Whenever the governing body of the municipality which established the municipal port authority has adopted the provisions of Title 11 of the Revised Statutes, all positions and employments of the municipal port authority shall be subject to the provisions of Title 11 of the Revised Statutes, and shall be allocated to appropriate titles by the Civil Service Commission. (2) The Civil Service Commission shall provide the municipal port authority with a list of the positions and employments allocated to the classified service and the appropriate titles. Within 30 days of the receipt of the list, the municipal port authority shall certify to the Civil Service Commission the names of all those persons employed with the municipal port authority in the allocated positions and employments on the effective date of this act. After passing a qualifying examination, the employees so certified shall be recorded, under the appropriate titles, as having been permanently appointed in the classified service of civil service as of the date of their original appointment. Thereafter, the employees shall be under and subject to the provisions of Title 11 of the Revised Statutes. Persons appointed and employed by the municipal port authority after the effective date of this act shall be subject to the civil service examination and appointment procedures of Title 11 of the Revised Statutes. L.1960, c. 192, p. 812, s. 5, eff. Feb. 15, 1961. Amended by L.1984, c. 116, s. 2, eff. Aug. 3, 1984.
NJ Rev Stat § 40:68A-34 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-34 - Powers vested in members; quorum

40:68A-34. Powers vested in members; quorum  The powers of the municipal port authority shall be vested in the members thereof in office from time to time and 3 members shall constitute a quorum at any meeting thereof. Action may be taken and motions and resolutions adopted by the municipal port authority at any meeting of the members thereof by vote of 3 of the members, unless in any case the by-laws of the municipal port authority shall require a larger number. L.1960, c. 192, p. 812, s. 6, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-35 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-35 - Reimbursement for expenses; compensation for services

40:68A-35. Reimbursement for expenses; compensation for services  A municipal port authority may reimburse its members for necessary expenses incurred in the discharge of their duties. The ordinance for the creation of a municipal port authority may authorize payment or compensation for services to members of the municipal port authority within such annual or other limitations as may be stated in such ordinance. Any such provision or limitation stated in any such ordinance, may be amended, supplemented, repealed or added by subsequent ordinance, but no reduction of any such limitation shall be effective during the remaining term of any member of the municipal port authority then in office except upon his written consent. No member of any municipal port authority shall receive any compensation of any kind from the municipal port authority except as authorized by this section. L.1960, c. 192, p. 813, s. 7, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-36 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-36 - Interest of members, officers or employees in property or contracts

40:68A-36. Interest of members, officers or employees in property or contracts  No member, officer or employee of a municipal port authority shall have or acquire any interest, direct or indirect, in the port system or in any property included or planned to be included in the port system or in any contract or proposed contract for materials or services to be furnished to or used by the municipal port authority. Neither the holding of any office or employment in the government of any county or municipality or of the State nor the owning of any other property within the State shall be deemed a disqualification for membership in or employment by a municipal port authority, and members of the governing body of the municipality may be appointed by such governing body and may serve as members of a municipal port authority. L.1960, c. 192, p. 813, s. 8, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-37 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-37 - Removal of members

40:68A-37. Removal of members  A member of a municipal port authority may be removed by the governing body of the municipality for incapacity, inefficiency or neglect of duty or misconduct in office or other disqualifying cause and after he shall have been given a copy of the charges against him and afforded a hearing, in person or by counsel, but not sooner than 10 days after receiving a copy of such charges. L.1960, c. 192, p. 813, s. 9, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-38 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-38 - Dissolution of municipal port authority; vesting of property in municipality

40:68A-38. Dissolution of municipal port authority; vesting of property in municipality  The governing body of any municipality which has created a municipal port authority pursuant to this act may, by ordinance adopted by the recorded affirmative vote of at least two-thirds of the full membership of the governing body, dissolve such municipal port authority on the condition that (1) if such authority has any debts other than bonds outstanding, the municipality shall appropriate the moneys required to enable all such debts to be discharged in full, and (2) either such authority has no bonds outstanding or all holders of bonds of the municipal port authority have consented to the ordinance. A copy of the ordinance for the dissolution of a municipal port authority pursuant to this section duly certified by the appropriate officer of the municipality which has adopted such ordinance shall be filed in the office of the Secretary of State and shall be transmitted to the Director of the Division of Local Government Services. Upon proof of such filing of a certified copy of the ordinance for the dissolution of a municipal port authority as aforesaid and upon proof either that such municipal port authority had no bonds outstanding at the time of the adoption of such ordinance, or that all holders of bonds of such municipal port authority have consented to such ordinance, the municipal port authority therein referred to shall be conclusively deemed to have been lawfully and properly dissolved and the property of such municipal port authority shall be vested in the municipality adopting such ordinance. A copy of any such certified ordinance, duly certified by or on behalf of the Secretary of State, shall be admissible in evidence in any such action, or proceeding, and shall be conclusive evidence of due and proper filing thereof as aforesaid. L.1960, c. 192, p. 814, s. 10, eff. Feb. 15, 1961. Amended by L.1982, c. 179, s. 1, eff. Nov. 12, 1982.
NJ Rev Stat § 40:68A-39 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-39 - Purpose of municipal port authority

40:68A-39. Purpose of municipal port authority  The purpose of every municipal port authority shall be the improvement, establishment and development of facilities in its port district for port purposes by or through the acquisition, construction, improvement, maintenance or operation of any and all projects and facilities for the improvement and development of such port district for port purposes, or directly related thereto, either directly or by agreement with any county, municipality or person, or in any other manner, as in the judgment of the municipal port authority will provide an effective and satisfactory method for promoting its purposes. L.1960, c. 192, p. 814, s. 11, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-41 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-41 - Facility charges

40:68A-41. Facility charges  Every municipal port authority is hereby authorized to fix, charge and collect rents, rates, fees or other charges (in this act sometimes referred to as "facility charges" ) in connection with, or for the use, or services of, the port system, and for all services sold, furnished or supplied directly or indirectly through the port system. L.1960, c. 192, p. 816, s. 13, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-42 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-42 - Schedule of facility charges

40:68A-42. Schedule of facility charges  Every municipal port authority may prescribe and from time to time when necessary revise a schedule of all its facility charges. The facility charges fixed, charged and collected shall comply with the terms of any contract of the municipal port authority and may be so adjusted that the revenues of the municipal port authority will at all times be adequate to pay the expenses of operation and maintenance of the port system, including reserves, insurance, improvements, replacements, and other required payments, and to pay the principal of and interest on any bonds and to maintain such reserves or sinking funds therefor as may be required by the terms of any contract of the municipal port authority or as may be deemed necessary or desirable by the municipal port authority. A copy of such schedule of facility charges in effect shall be a public record. L.1960, c. 192, p. 817, s. 14, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-43.1 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-43.1 - Provisions relative to municipal port authorities.

40:68A-43.1 Provisions relative to municipal port authorities.  3. In accordance with rules and regulations which the Local Finance Board is hereby authorized to adopt, municipal port authorities created pursuant to P.L.1960, c.192 (C.40:68A-29 et seq.) are subject to the following provisions: (a) Every authority shall be required to submit an annual budget to the Director of the Division of Local Government Services in the Department of Community Affairs for approval. (b) The issuance of any obligations of an authority, agreements regarding municipal guaranties of authority bonds, financing agreements entered into by an authority, and all leases, sales or dispositions of real property made by an authority shall be subject to the approval of the Local Finance Board. L.1981, c.547, s.3; amended 2015, c.95, s.11.
NJ Rev Stat § 40:68A-44 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-44 - Authority to issue bonds; bond resolution

40:68A-44. Authority to issue bonds; bond resolution  For the purpose of raising funds to pay the cost of any part of its port system or for the purpose of funding or refunding any bonds, a municipal port authority shall have power to authorize or provide for the issuance of bonds pursuant to this act, by a resolution (in this act sometimes referred to as "bond resolution" ) which shall: (1) describe in brief and general terms sufficient for reasonable identification the port system or part thereof (in this act sometimes called "project" ) to be constructed or acquired, or describe the bonds which are to be funded or refunded (if any); (2) state the cost or estimated cost of the project (if any); and (3) provide for the issuance of the bonds in accordance with section 17 of this act. L.1960, c. 192, p. 817, s. 16, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-45 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-45 - Issuance of bonds

40:68A-45. Issuance of bonds  Upon the adoption of a bond resolution, a municipal port authority shall have power to incur indebtedness, borrow money and issue its bonds for the purpose of financing the project or of funding or refunding the bonds described therein. Such bonds shall be authorized by the bond resolution and may be issued in 1 or more series and shall bear such date or dates, mature at such time or times not exceeding 40 years from the date thereof, bear interest at a rate or rates within such maximum rate (not exceeding 6% per annum), be in such denomination or denominations, be in such form, either coupon or registered, carry such conversion or registration privileges, have such rank or priority, be executed in such manner, be payable from such sources in such medium of payment at such place or places within or without the State, and be subject to such terms of redemption (with or without premium) as the bond resolution may provide. The municipal port authority may issue such types of bonds as it may determine, including (without limiting the generality of the foregoing) bonds on which the principal and interest are payable (a) exclusively from the income and revenues of the project financed with the proceeds of such bonds; (b) exclusively from the income and revenues of certain designated projects whether or not they are financed in whole or in part with the proceeds of such bonds; or (c) from its revenues generally. Any such bonds may be additionally secured by a pledge of any grant or contributions from the Federal Government, the State or any municipality or a pledge of any income or revenues of the municipal port authority including income or revenues to be received pursuant to grant or lease by the municipal port authority of the use or services of any project owned or controlled by it. This act shall be complete authority for the issuance of bonds by a municipal port authority, and the provisions of any other law shall not apply to the issuance of such bonds. L.1960, c. 192, p. 818, s. 17, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-46 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-46 - Sale of bonds; interest

40:68A-46. Sale of bonds; interest  Bonds of a municipal port authority may be sold by the municipal port authority at public or private sale at such price or prices as the municipal port authority shall determine; provided, however, that the interest cost to maturity of the money received for any issue of bonds (computed according to standard tables of bond values) shall not exceed 6% per annum. L.1960, c. 192, p. 819, s. 18, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-47 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-47 - Filing copy of bond resolution; publication of notice; limitation of actions

40:68A-47. Filing copy of bond resolution; publication of notice; limitation of actions  The municipal port authority shall cause a copy of any bond resolution adopted by it to be filed for public inspection in its office and in the office of the clerk of the governing body of the local unit and shall thereupon cause to be published, at least once, in a newspaper published or circulating in the port district a notice stating the fact and date of such adoption and the places where such bond resolution has been so filed for public inspection and also the date of the first publication of such notice and also that any action or proceeding of any kind or nature in any court questioning the validity or proper authorization of bonds provided for by the bond resolution, or the validity of any covenants, agreements or contracts provided for by the bond resolution shall be commenced within 20 days after the first publication of such notice. If any such notice shall at any time be published and if no action or proceeding questioning the validity or proper authorization of bonds provided for by the bond resolution referred to in said notice, or the validity of any covenants, agreements or contracts provided for by said bond resolution shall be commenced or instituted within 20 days after the first publication of said notice, then all residents and taxpayers and owners of property in the port district and users of the port system and all other persons whatsoever shall be forever barred and foreclosed from instituting or commencing any action or proceeding in any court, or from pleading any defense to any action or proceedings, questioning the validity or proper authorization of such bonds, or the validity of any such covenants, agreements or contracts, and said bonds, covenants, agreements and contracts shall be conclusively deemed to be valid and binding obligations in accordance with their terms and tenor. L.1960, c. 192, p. 819, s. 19, eff. Feb. 15, 1961.
NJ Rev Stat § 40:68A-50 (2021)
2021 New Jersey Revised Statutes|Title 40 - Municipalities and Counties|Section 40:68A-50 - Appointment of receiver; powers and duties

40:68A-50. Appointment of receiver; powers and duties  If the bond resolution of a municipal port authority authorizing or providing for the issuance of a series of its bonds shall provide in substance that the holders of the bonds of such series shall be entitled to the benefits of section 21 of this act and shall further provide in substance that any trustee appointed pursuant to said section or having the powers of such a trustee shall have the powers provided by this section, then such trustee, whether or not all of the bonds of such series shall have been declared due and payable, shall be entitled to the appointment of a receiver of the port system, and such receiver may enter upon and take possession of the port system and, subject to any pledge or contract with the holders of such bonds, shall take possession of all moneys and other property derived from or applicable to the acquisition, construction, operation, maintenance or reconstruction of the port system and proceed with such acquisition, construction, operation, maintenance or reconstruction which the municipal port authority is under any obligation to do, and operate, maintain and reconstruct the port system and fix, charge, collect, enforce and receive the facility charges and all system revenues thereafter arising subject to any pledge thereof or contract with the holders of such bonds relating thereto and perform the public duties and carry out the contracts and obligations of the municipal port authority in the same manner as the municipal port authority itself might do and under the direction of the court. L.1960, c. 192, p. 824, s. 22, eff. Feb. 15, 1961.