44:5-7 - Annual appropriation by city during existence of contract - New Jersey Statutes

44:5-7.  Annual appropriation by city during existence of contract
    Upon the execution of a contract by a city as provided in sections 44:5-4 and 44:5-6 of this title, the proper municipal authorities of the city shall annually during the existence of the contract appropriate and raise by taxation  in the manner in which other city taxes are assessed, levied and collected in  the city, a sum equal to one-third of a mill on every dollar of assessable  property returned by the assessor of the city, which sum when so appropriated  shall be paid to the treasurer of the board of trustees, governors or directors  of the hospital named in the contract.