New Jersey Statutes
§ 58:1B-5 — Water supply facilities operated by authority, disposition of revenue.
New Jersey·Title 58 WATERS AND WATER SUPPLY
5.
a.All water supply facilities, owned or operated by the State, either now or hereafter, are transferred to the authority. The authority shall operate these facilities pursuant to the statutory authorizations enabling the State to operate and manage the facilities. The Delaware and Raritan Canal Transmission Complex, the Spruce Run-Round Valley Reservoir Complex and all other State-operated facilities now or hereafter authorized to be designed, constructed and operated pursuant to any past or future bond issues, including the "Water Supply Bond Act of 1981," P.L.1981, c.261, as amended by P.L.1983, c.355 and P.L.1997, c.223, are specifically included as State water supply facilities.
b.The revenue from all State water supply facilities, the disposition of which is not otherwise express
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Nearby Sections
15
§ 58:1B-1
Short title§ 58:1B-12
No personal liability on bonds§ 58:1B-15
Bonds as legal investment§ 58:1B-18
Inapplicability of act to construction, operation or repair of retail water system or project§ 58:1B-2
Legislative findings§ 58:1B-20
Annual report and audit§ 58:1B-22
Authority contracts.