40:54-29.18 - Capital improvements; certification of sums needed; apportionment of costs - New Jersey Statutes

40:54-29.18.  Capital improvements;  certification of sums needed; apportionment of costs
    If the board of trustees shall determine that it is advisable to raise money  for the acquisition of lands or a building or buildings or for the improvement  of lands or for erecting, enlarging, repairing, altering, furnishing,  decorating or equipping a building or buildings or for other capital  improvement for the purpose of a joint free public library, it shall certify to  the respective municipalities the sum or sums, in addition to such moneys as it  may have on hand applicable to such purposes, estimated to be necessary for  such purposes, and the share of such sum or sums to be borne by each  municipality in accordance with the method of apportionment provided in the  joint library agreement.  If the governing body of any of the municipalities  objects to any of said purposes or to the amount or apportionment of said sum  or sums, it shall forthwith call a joint meeting of the governing bodies and  board of trustees for the purpose of adjusting or settling any differences.  If  the governing bodies of such municipalities cannot agree, the matter shall be  referred to the Director of the Division of Local Government for  determination.

     L.1959, c. 155, p. 623, s. 16, eff. Sept. 4, 1959.