New Jersey Statutes

§ 52:27D-489q — Findings, declarations relative to the "New Jersey Economic Opportunity Act of 2013."

New Jersey·Title 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS
22.The Legislature finds and declares that: a. Healthy, thriving municipalities are vital to the health, safety, and economic well-being of the State.
b.Municipalities that are economically distressed adversely impact not only that municipality, but also affect the county and region where they are located as well as the whole State.
c.Numerous programs have been previously established to assist municipalities in economic and fiscal distress to enable them to regain health and vitality, including programs to provide increasing degrees of oversight and to provide substantial amounts of financial aid and incentives.
d.While these existing programs have proven successful in aiding a number of municipalities, others are in such difficult straits that such measures have not proven sufficient

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