LegalFix
Sign In

Section 27:14-19 - Bond issue instead of tax levy; vote required

NJ Rev Stat § 27:14-19 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

27:14-19. Bond issue instead of tax levy; vote required

The board of chosen freeholders may, instead of certifying to the county board of taxation the county's share of the cost of any work done under this article, as required by section 27:14-18 of this title, by resolution adopted by a vote of at least two-thirds of all its members, issue bonds of the county for its proper share of the cost of the work which shall be an amount not exceeding the total cost of such work, less the amount certified to be paid by the state.

Previous Section
Section 27:14-18 - Contribution by county; annual tax levy; deficiency and surplus
Next Section
Section 27:14-20 - Acquisition of land; condemnation; abandonment