New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 30 - LOCAL FINANCE BOARD
Subchapter 3 - ANNUAL BUDGET
Section 5:30-3.12 - Notice of intent to sell or lease a municipal public utility service

Universal Citation: NJ Admin Code 5:30-3.12
Current through Register Vol. 56, No. 24, December 18, 2024

In a municipality undertaking the process of selling or leasing a sewer plant, water plant, heat, light, or power plant, system of transportation, or other public utility plant or system to another municipality, or a county, authority, commission, or other public body pursuant to N.J.S.A. 40:62-3 or 40:62-3.1, the transfer of a municipal water utility serving less than five percent of the population of that municipality to any person or entity, the municipal clerk shall provide the Director with a certified copy of the ordinance authorizing the sale or long-term lease and, if applicable, the resolution authorizing the issuance of a bid or request for proposals, within five days of final adoption.

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