New Jersey § 34:1B-201 Preparation of final financial plan by developer.

New Jersey Statutes

§ 34:1B-201 — Preparation of final financial plan by developer.

New Jersey § 34:1B-201

Title 34LABOR AND WORKMEN'S COMPENSATION

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Bluebook

N.J. Stat. Ann. § 34:1B-201 (2026).

Text

12.Before any tax revenues are made available to the developer for the purposes of undertaking the sports and entertainment facility, the developer shall prepare a final financial plan for that project, which shall be consistent with the project plan prepared by the developer and approved by the treasurer pursuant to section 9 of P.L.2007, c.30 (C.34:1B-198), which shall be submitted to the governing body pursuant to section 13 of P.L.2007, c.30 (C.34:1B-202). That plan shall include: a. a description of the project or projects to be financed, including the projected cost and construction schedule; b. a description of any development to be undertaken by any developer in connection with the project, including an estimate of the eligible revenues anticipated from the development; c. demonst

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12. Before any tax revenues are made available to the developer for the purposes of undertaking the sports and entertainment facility, the developer shall prepare a final financial plan for that project, which shall be consistent with the project plan prepared by the developer and approved by the treasurer pursuant to section 9 of P.L.2007, c.30 (C.34:1B-198), which shall be submitted to the governing body pursuant to section 13 of P.L.2007, c.30 (C.34:1B-202). That plan shall include: a. a description of the project or projects to be financed, including the projected cost and construction schedule; b. a description of any development to be undertaken by any developer in connection with the project, including an estimate of the eligible revenues anticipated from the development; c. demonstration that the developer has complied with the investment commitment required pursuant to subsection e. of section 4 of P.L.2007, c.30 (C.34:1B-193); d. a description of the eligible revenues to be pledged to the support of the project, or to the bonds or other obligations to be issued or incurred; and e. a description of other anticipated projects for the district and the anticipated means of financing those projects. L.2007, c.30,s.12.