58:14-26 - Municipalities contracting under section 58:14-25 may borrow money - New Jersey Statutes

58:14-26.  Municipalities contracting under section 58:14-25 may borrow money
    Every municipality which shall have contracted with the commissioners under  the authority of section 58:14-25 of this title shall have as full power to  borrow money and make an issue of notes or other temporary obligations and  bonds for the purpose of making the payments designated and required to be made  under any such contract as is given by this chapter to the municipalities first  entering into contract with the commissioners for the purpose of defraying the  cost and expense of the construction of such intercepting sewer, plant and  works, and the appurtenances thereof, and of making the payments designated and  required to be made by and under such contracts.