40A:5-30 - Acceptance of Federal grants - New Jersey Statutes

40A:5-30.  Acceptance of Federal grants
    Any local unit shall have power to accept any advance or grant of money made  by the Federal government to aid in financing the cost of preparing plans for  any public project which the local unit has lawful authority to undertake, and  shall have power to agree to repay any such advance or grant if, and when, the  local unit shall undertake such public project. Notwithstanding the provisions  of any other law, any local unit may make such an agreement although the funds  necessary to make the repayment required by the agreement shall not have been  previously made available by an appropriation or by the authorization of  bonds.

     L.1960, c. 169, s. 1, eff. Jan. 1, 1962.