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The proceeds of the sale or leasing of any property under this act shall be used for the retiring of any bonds issued for the purchase or improvement of such property or to reduce taxes.
Cite this article: FindLaw.com - New Jersey Statutes Title 40. Municipalities and Counties 40 § 61-22.5 - last updated February 19, 2021 | https://codes.findlaw.com/nj/title-40-municipalities-and-counties/nj-st-sect-40-61-22-5/
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