13:16-8 - Payment of grants to economic development agencies - New Jersey Statutes

13:16-8.  Payment of grants to economic development agencies
    Upon approval of each application and the making of a grant by the commissioner in accordance therewith, the commissioner shall give notice to the  particular development agency of such approval and grant, and shall direct the  development agency to proceed with its application and to use therefor the  furnishing of satisfactory evidence to the commissioner on a quarterly basis,  that the particular development agency has so proceeded, the grant allocated to  such development agency shall be paid over on such basis to the development  agency by the commissioner.

     L.1966, c. 130, s. 8.