New Jersey Statutes
§ 52:27BBB-61 — Contract to contain provision for termination.
New Jersey·Title 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
63.
a.All contracts and agreements entered into by the qualified municipality during the rehabilitation term pursuant to P.L.2002, c.43 (C.52:27BBB-1 et al.) shall contain provisions stating that the director or chief operating officer may, upon 30 days' notice, terminate the contract or agreement for any reason without payment of penalty or damages. This subsection shall not apply to collective bargaining agreements.
b.All contracts and agreements entered into by the qualified municipality during the rehabilitation term pursuant to P.L.2002, c.43 (C.52:27BBB-1 et al.) may be terminated by the mayor, upon 30 days' notice, for any reason, without payment of penalty or damages, during the economic recovery term. This subsection shall not apply to collective bargaining agreements. L.2002, c
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Nearby Sections
15
§ 52:27BBB-1
Short title.§ 52:27BBB-10
Particular powers of chief operating officer.§ 52:27BBB-11
Appointment of department heads.§ 52:27BBB-12
Preparation of municipal management study.§ 52:27BBB-13
Copy of study available for public inspection.§ 52:27BBB-15
Abolishment of certain municipal positions.§ 52:27BBB-16
Recommendation of department, division heads.§ 52:27BBB-17
Transfer, assignment, reclassification of positions.§ 52:27BBB-19
Incentive for retirement for certain employees.§ 52:27BBB-20
Additional NJ SAVER rebate for certain residents.§ 52:27BBB-21
Monthly meetings, minutes.