52:18A-78.21 - Lease of real property by state or local government agency to authority - New Jersey Statutes

52:18A-78.21.  Lease of real property by state or local government agency to  authority
    All State agencies and all local governmental agencies, notwithstanding any  contrary provision of law, may lease, lend, grant or convey to the authority at  its request upon such terms and conditions as the governing body or other  proper authorities of the State agencies or local governmental agencies may  deem reasonable and fair and without the necessity for any advertisement, order  of court or other action or formality, other than the authorizing ordinance of  the governing body of the municipality, the authorizing resolution or ordinance  of the governing body of the county, or the regular and formal action of any  public body concerned, any real property or interest therein which may be  necessary or convenient to the effectuation of the purposes of the authority,  including public highways and other real property already devoted to public  use.

     L.1981, c. 120, s. 21, eff. April 16, 1981.