40:67-5 - Streets occupied by railroad; improvement of; cost apportioned - New Jersey Statutes

40:67-5.  Streets occupied by railroad;  improvement of;  cost apportioned
    In any municipality where a railroad company occupies and uses a part of any  street or highway and the company is charged with the duty of paving or maintaining any portion thereof the governing body may agree with the company as to the proportion of the cost of any improvement thereof contemplated by the  municipality to be paid by the company.  After making such agreement the municipality may proceed to make the whole improvement and the company shall pay to the municipality the proportion of such cost to be paid by it as soon as  the amount thereof is determined by the governing body.