The governing body shall be prohibited from authorizing or approving
the sale or transfer of municipal property to any person, partnership,
corporation or taxable entity unless the Collector of Taxes shall
certify that the purchaser, transferee or any partner, shareholders
in any corporation or principal in any entity shall be free from any
monetary obligation owing to the City by way of municipal taxes, fees,
water and sewer charges, judgments or any other indebtedness created
by law.
The purchaser or transferee shall execute an affidavit, in a
form prescribed by the Office of City Attorney, attesting to the absence
of any liability to the City as stated in this article.
The Director of the Department of Housing and Community Development
shall make known to all prospective purchasers or transferees, prior
to any public sale, the requirements of this article, by general notice
with the advertisement for said public sale, when it is published.
Notice shall be given generally in any other sale or transfer.
The provisions of this article shall not apply to any sale of
property or transference of any property to the government of the
United States, the State of New Jersey, any county, municipality or
political subdivision or authority or entity created under the law
of the State of New Jersey or the government of the United States.