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Current as of January 01, 2024 | Updated by Findlaw Staff
3. The moneys necessary for defraying the costs, charges and expenses of the work herein authorized shall be raised and obtained and the bonds issued therefor in the manner and by the methods provided by “An act to authorize and regulate the issuance of bonds and other obligations and the incurring of indebtedness by county, city, borough, village, town, township or any municipality governed by an improvement commission,” approved March twenty-second, one thousand nine hundred and sixteen, and constituting chapter 252 of the Pamphlet Laws of one thousand nine hundred and sixteen, and shall be paid out by the county collector on the order of the body vested by law with the control of said road or roads; provided, that no payments for work done under any contract shall be made, except on the certificate of the engineer designated by said body to take charge of said work.
The total cost of all work authorized by this act shall not exceed a sum equal to four-tenths of one per cent of the total assessed value of the ratables of said county assessed for county purposes in the year in which the last work is authorized by this act.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 27 § 17-1(72) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-27-17-1-72/
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