The "Housing Authority of the Borough of Highland Park" (the
"Authority") is hereby created and established pursuant to the New
Jersey Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq.
The Authority shall constitute a public body corporate and politic,
exercising public and essential governmental functions, and having
all the powers necessary or convenient to carry out and effectuate
the purposes and provisions allowed by law. The powers, duties, rights
and privileges of the Authority shall be governed by the New Jersey
Redevelopment and Housing Law, N.J.S.A. 40A:12A-1 et seq., and the
New Jersey Local Authorities Fiscal Control Law, N.J.S.A. 40A:5A-1
et seq., as the same may be supplemented and amended from time to
time.
All ordinances and resolutions, or parts thereof, inconsistent
with this article are hereby repealed.
If any section, paragraph, subsection, clause or provision of
this article shall be adjudged by the courts to be invalid, such adjudication
shall apply only to the section, paragraph, subsection, clause or
provision so adjudged and the remainder of this article shall be valid
and enforceable.
This article shall take effect upon final adoption and publication
in accordance with law.