40:60-25.30 - Private property; purchase or condemnation; bonds; construction cost a municipal charge; fees; rules and regulations - New Jersey Statutes

40:60-25.30.  Private property;  purchase or condemnation;  bonds; construction cost a municipal charge;  fees;  rules and regulations
    Private property needed by any municipality for an autobus terminal shall be  acquired by purchase if the municipality is able to agree with the owners on  the terms thereof, and otherwise by condemnation, in the manner provided by the  law under which the municipality is authorized to acquire real property for  public purposes other than street purposes, or, if there be no such law, in the  manner provided for and subject to the provisions of Title 20 of the Revised  Statutes.  The purchase price or award for real property acquired for an  autobus terminal may be paid for by appropriation of moneys available therefor  or wholly or partly from the proceeds of the sale of bonds of the municipality,  as the governing body of such municipality shall determine.  Such bonds shall  be authorized and issued in accordance with the provisions of article one of  chapter one of Title 40 of the Revised Statutes (s. 40:1-1 et seq.).  The  governing body of a municipality which has established an autobus terminal and  acquired, leased or set apart real property for such purposes may construct,  improve, equip, maintain and operate the same or may vest jurisdiction for the construction, improvement, equipment, maintenance and operation thereof, in any  suitable officer, board or body of such municipality.  The expense of such  construction, improvement, equipment, maintenance and operation shall be a  municipal charge.  The governing body of any municipality may adopt regulations  and establish fees or charges for the use of such autobus terminal or may  authorize any officer, board or body of such municipality to adopt such  regulations and establish such fees or charges, subject, however, to the  approval of such governing body before they shall take effect.

     L.1946, c. 302, p. 1005, s. 4, eff. May 6, 1946.