5:10-31 - Application of New Jersey Sports and Exposition Authority Law - New Jersey Statutes

5:10-31.  Application of New Jersey Sports and Exposition Authority Law
    Except as limited by this act, the authority may exercise with respect to the additional projects authorized under this act all the rights and powers relating to the Meadowlands complex granted to the authority under P.L.1971, c.  137 (C. 5:10-1 et seq.) as though such rights and powers were granted under  this act and made applicable to the additional projects, provided, however,  that the provisions of sections 6 and 7 of P.L.1971, c. 137 (C. 5:10-6 and C.  5:10-7) which contain special provisions with respect to the development,  treatment of revenues and holding of race meetings at the Meadowlands complex  and the provisions of sections 18, 22 and 23 of P.L.1971, c. 137 (C. 5:10-18,  C. 5:10-22 and C. 5:10-23) which contain special provisions as to tax  exemption, site limitations and environmental matters pertaining only to the  Meadowlands complex shall not be applicable to the additional projects, and  provided further that provisions requiring consultation with the Meadowlands  commission shall not be applicable to the additional projects.  In no event  shall the provisions of P.L.1973, c. 286 (C. 5:10-14.1 et seq.) relating to the  use of appropriations to make up deficiencies in amounts available for debt  service on bonds issued for the authority's initial project at the Meadowlands  complex be applicable to any bonds or notes issued for the additional  projects.

     L.1978, c. 1, s. 5, eff. Feb. 23, 1978.