Title 40, Title 40: MUNICIPALITIES AND COUNTIES

40:62-28. Income placed in separate fund; control of fund The ordinance shall provide that all income from such station or hall, or both, shall be placed in a separate fund under the joint control of the management of the station or hall, or both, and the director in charge of su…

40:62-29. Use of income; reserves From such income may be expended operating costs of such station or hall. Reserves may be set up to provide for the nonproductive or seminonproductive operations of the station or hall.

40:62-3 Ordinance authorizing sale or lease; laws governing. 40:62-3. Any municipality owning a sewer plant, water plant, heat, light or power plant, system of transportation, or other public utility plant or system, may long-term lease or sell such plant or system. Such a long-t…

40:62-3.1. Transfer of water utility system serving less than 5% of population; ordinance; authorization; terms; approval If the governing body of any municipality shall deem it advisable in the interests of public health and safety to transfer a municipal water utility system se…

40:62-30. Surplus used to meet bonds From the surplus of the income of such station or hall there may from time to time be taken such amounts as may, in the judgment of the officials in control of the fund seem wise, and appropriated to the municipality for the purpose of paying …

40:62-31. Accounts and audits A complete system of accounts covering all income and all expenditures shall be maintained by the authority operating the station or hall and shall be audited quarterly by the comptroller of the municipality. Amended by L.1939, c. 253, p. 668, s. 2, …

40:62-32. Income defined The income from such station or hall, or both, shall be taken to include all rentals for services performed by such broadcasting station or for broadcasting commercial or semicommercial radio programs, and, in the case of the convention hall, income from …

40:62-33. Expenditures defined; payment of debts in instalments The expenditures shall include the cost of maintenance, upkeep and operation of the station or hall, or both, salaries, heat, light and power, advertising, cost of procuring conventions, employment of performers, att…

40:62-34. Income not part of municipal funds; management; inapplication of "local budget law" The income herein referred to shall not be deposited in the municipal treasury and shall not become a part of the general finances of the municipality and shall not be required to be wit…

40:62-34.1. "Municipal convention hall budget" and "municipal radio broadcasting station budget" in municipalities of 60,000 or over The governing body of any municipality having a population of sixty thousand or more operating under the provisions of sections 40:62-27 to 40:62-3…

40:62-34.10. Filing of ordinance and statement of financing plan with Division of Local Government The governing body of any such municipality, wherein such ordinance is adopted, shall file or cause to be filed with the Division of Local Government in the Treasury Department, a c…

40:62-34.11. Special emergency notes as general obligation of municipality; tax levy The Special Emergency Notes to be issued for the indebtedness of the municipality amounting to $2,000,000.00, together with all interest thereon shall be a general obligation of the municipality …

40:62-34.12. Sale of notes; interest rate The $2,000,000.00 to be borrowed by the municipality in 1960 may be obtained at either private or public sale, notwithstanding any other provision of law, at a rate of interest not to exceed 6% per annum. L.1960, c. 2, p. 13, s. 3.

40:62-34.2. Objections to and hearing on budgets Following the preparation of the budgets set forth in section one, the governing body shall at a public hearing, grant to taxpayers and other interested persons, an opportunity to present objections and to be heard with respect to …

40:62-34.3. Time and place of hearing; notice The governing body shall cause to be prepared and shall approve the budget prior to the public hearing and shall fix the time when and the place where the hearing shall be held. Notice of such hearings, together with the budget as app…

40:62-34.4. Adjournment of hearing; adoption of budget; alteration or amendment; notice The hearing on the budget shall be held at the time and place specified in the published notice, but may be adjourned from time to time until the hearing is closed. After closing the hearings,…

40:62-34.5. Time limit for adoption The aforesaid budgets shall be adopted not later than the fifty-fifth day after the beginning of the budget year. L.1939, c. 304, p. 735, s. 5, eff. Aug. 2, 1939.

40:62-34.6. Contents of budget The aforesaid budgets shall consist of (a) a tabulated and an itemized statement of all anticipated revenues from the sources provided for in section 40:62-32 of the Revised Statutes (b) all expenditures to be made for the purposes provided for in s…

40:62-34.7. Appropriations to be itemized The appropriations for all expenditures shall be itemized according to the respective object and purpose for which they are to be expended. L.1939, c. 304, p. 735, s. 7, eff. Aug. 2, 1939.

40:62-34.8. Emergency appropriations Any municipality, by resolution, declaring an existence of an emergency adopted by a vote of two-thirds of all the members of the governing body may make emergency appropriations in any fiscal year after the adoption of the budget for such yea…

40:62-34.9. Improvement of convention hall by municipalities bordering on ocean; issuance of special emergency notes The governing body of any municipality bordering upon the Atlantic ocean, maintaining a municipal convention hall, which shall provide by ordinance for the improve…

40:62-35. May carry goods and passengers; acquisition of lands, buildings and equipment Any municipality may engage in the business of transportation of passengers and property within the municipality by whatever means it may decide, and may lay railroad tracks upon its public ro…

40:62-36. Referendum; petition; submission by governing body No municipality shall engage in the business of transportation until a majority of the voters thereof, voting at an election as hereinafter in this article provided, shall vote so to do. The election shall be called by …

40:62-37. Copy of ordinance served; ballot; form and content The clerk of the governing body shall, immediately after the ordinance becomes effective, serve upon the officer charged with the duty of preparing the ballots for the next general election in the municipality, a certif…

40:62-38. Notice and conduct of election The election on the question shall be conducted in all respects and the result canvassed and certified in the manner provided by law.

40:62-39. Procedure after adoption If a majority of the legal voters voting upon the question shall vote YES, the governing body shall have power and shall proceed to acquire or construct and operate a system of transportation as described in the ordinance.

40:62-4. Resolution authorizing sale or lease; advertisement for bids If the governing body of any such municipality shall deem it advisable to lease or sell any such plant or system it shall by resolution so determine and shall set forth therein a general description of the prop…

40:62-40. Second election Notwithstanding any previous vote may have been had under the provisions hereof any question authorized hereby may be submitted to the legal voters of any municipality at any election therein as often as the governing body thereof shall deem it advisable…

40:62-41. Officers and employees; duties, compensation and removal; rates and regulations The governing body may elect all officers, agents, engineers, employees or committeemen necessary to be employed in the construction, maintenance and operation of any such system of transpor…

40:62-42. Contract for work and materials; requirements All contracts for any work, material or labor in connection with such transportation shall be let in the manner provided by law for the letting of other contracts by the municipality.

40:62-43. Contracts for power Any municipality engaging in the business of transportation may make a contract with any corporation or municipality furnishing power, for a supply of such power for use in the business of transportation for a period not exceeding five years.

40:62-44. Extension of system; referendum; when necessary Any municipality engaging in the business of transportation may extend any system of transportation. No extension of any route or routes of such system exceeding one-fourth in length of the one authorized by any referendum…

40:62-45. Lease of system; term; referendum The governing body may lease any system of transportation acquired by the municipality under this article to any person who will contract to operate the same according to rules and timetables established by the governing body for a term…

40:62-46. Joint municipal transportation system; contracts Any municipality engaging in the business of transportation may contract with any other municipality or municipalities engaged in the same business, to operate a joint service of the systems of transportation operated by …

40:62-46.1. Cities of second class in counties of second class; public transportation service Any city of the second class in any county of the second class may undertake to provide public transportation service and to operate a transportation system within the municipality and b…

40:62-46.2. Contracts for operation of public transportation service Any such city of the second class in any county of the second class may provide transportation service and operate a transportation system itself or it may enter into 1 or more contracts with any private or publ…

40:62-46.3. Employees A city of the second class in any county of the second class operating a transportation system may appoint or hire any and all employees necessary for such purpose in the same manner as other municipal employees are appointed or hired. L.1959, c. 60, p. 169,…

40:62-46.4. Approval of contracts; filing; term Any contract or renewal thereof to acquire, lease or operate any municipal transportation system or part thereof shall be authorized by municipal ordinance and shall be subject to approval by the Board of Public Utility Commissioner…

40:62-46.5. Contracts with other municipalities; ratification; approval Any city of the second class in any county of the second class undertaking to provide public transportation service may contract with any other municipality or municipalities to provide public transportation …

40:62-46.6. Effective date; duration of act This act shall take effect immediately and shall remain in effect for 1 year thereafter, except that any transportation service being provided, or any transportation system being operated at that time pursuant to the provisions of this …

40:62-5. Ordinance providing referendum; ballot; form and content Upon the receipt of bids the governing body may adopt an ordinance providing for the lease or sale of the property. The ordinance shall set forth the terms and conditions upon which the same shall be leased or sold…

40:62-6. Use of proceeds of sale or lease; investment pending use All rentals received under any such lease shall be applied by the municipality in the same manner as provided by law for the application of income from such plant while operated by the municipality. The proceeds fr…

40:62-61.1. Extension of existing water system by municipality not owning system The governing body of any municipality, not owning a water system, may, by ordinance, provide for the construction, at the expense of the municipality generally, of an extension to any then existing …

40:62-7. Establishment; lands and buildings; acquisition and construction; use and regulation The governing body may establish, maintain and operate a municipal abattoir, and for that purpose may acquire, by gift, devise, purchase, condemnation or lease, all necessary lands and b…

40:62-8. Joint municipal airports In addition to any and all other powers, the governing bodies of any two or more municipalities may acquire jointly by gift, purchase, condemnation, or any other manner, lands and interest therein for airport purposes, and at the joint expense of…

40:62-83.1. Discontinuance of water or sewerage service where charges not paid Any municipality which, pursuant to law, furnishes a supply of water and sewerage service to the inhabitants of another municipality, may, if prompt payment of any water or sewer rent, or charges for w…