[HISTORY: Adopted by the Mayor and Council of the Borough of Spring Lake 11-25-2008 by Ord. No. 2008-013. Amendments noted where applicable.]
The municipalities of the Boroughs of Brielle, Spring Lake, Spring Lake Heights, Sea Girt and the Township of Wall (collectively, the "Treated Water Purchasers") are currently parties to individual treated water purchase contracts, dated September 1, 1987, between the respective municipalities and the Monmouth County Improvement Authority ("Treated Water Purchase Contract"). The current relationship amongst the Treated Water Purchasers is in the nature of an interlocal services arrangement intended to collectively benefit all Treated Water Purchasers. Section 17 of the Treated Water Purchase Contract grants an option to the Treated Water Purchasers to purchase the water treatment and transmission facilities from the Monmouth County Improvement Authority.
The governing body of the Borough of Spring Lake and the governing bodies of the other Treated Water Purchasers have determined that their respective financial interests and thereby the interests of their residents would be better served and furthered by establishing a joint entity comprised of representatives of the Treated Water Purchasers for the purpose of purchasing the water treatment and transmission facilities from the Monmouth County Improvement Authority. The intent and purpose of this enactment is to establish the joint authority.
Pursuant to N.J.S.A. 40:14B-5, there is hereby established a joint municipal water authority to be known as the "Jersey Shore Water Authority" ("Authority"), consisting of one member from the Township of Wall; one member from the Borough of Brielle; one member from the Borough of Spring Lake; one member from the Borough of Spring Lake Heights; and one member from the Borough of Sea Girt.
The Authority shall possess such powers as authorized by law and approved by the Local Finance Board.
Upon creation of the Authority in accordance with applicable law, the governing body shall appoint by resolution one individual to serve as a member of the Authority.
The Authority shall be governed by the bylaws established by the Authority.