New Jersey Statutes Title 52. State Government, Departments and Officers 52 § 27D-476

a. paying the project costs;

b. paying the principal of and interest on bonds or other obligations issued or guaranteed pursuant to the “Revenue Allocation District Financing Act,” P.L.2001, c. 310 (C.52:27D-459 et seq.);

c. prepaying the principal of and interest on the bonds or other obligations;

d. paying additional property tax increment revenue, if any, to taxing entities, as provided for in subsections b. and c. of section 29 of P.L.2001, c. 310 (C.52:27D-477) or in the final revenue allocation plan; and

e. reimbursing the municipality for any payments made by the State pursuant to the “Municipal Qualified Bond Act,” P.L.1976, c. 38 (C.40A:3-1 et seq.) to pay debt service on any qualified bonds issued pursuant to section 35 of P.L.2001, c. 310 (C.52:27D-483).