New Jersey Statutes
§ App.A:4-22 — Provisions of ordinance
4. Any ordinance authorizing the issuance of bonds under this act shall state:
(a)The principal amount of bonds authorized by such ordinance and that such bonds are authorized and to be issued under this act;
(b)The maximum interest rate which shall be borne by such bonds;
(c)The maturity dates of such bonds;
(d)The gross amount of uncollected and unabated taxes of the next preceding four fiscal years, including the amount of such taxes represented by tax titles standing in the name of the municipality, which were unpaid and owing to the municipality or the collector of the taxing district as of the last day of the next preceding fiscal year; and (e) The principal amount of bonds issued under this act which will be outstanding after the bonds authorized by such ordinance are sold and d
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § App.A:4-22 (Provisions of ordinance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ App.A:4-10
Local approval of reclamation project§ App.A:4-11
Application of act§ App.A:4-12
Effective date§ App.A:4-12.2
Refund to municipalities§ App.A:4-12.3
Effective date§ App.A:4-13
Disposition of water system revenues to meet bonds issued pursuant to contract with federal government§ App.A:4-14
Effective date§ App.A:4-19
Power to issue bonds; purposes§ App.A:4-20
Name of bonds; ordinance; procedure; details§ App.A:4-22
Provisions of ordinance§ App.A:4-23
Sale price; exchange or sale of bonds§ App.A:4-25
Budget provisions