[Added 1-21-2020 by Ord.
No. 20-09]
The public swimming pool is hereby created and established as
a municipal public utility for all of the purposes of the Local Bond
Law of New Jersey[1] and of Chapter 166 of the Pamphlet Laws of 1957 of said state, and it is hereby found and determined to be a utility, enterprise or purpose authorized to be undertaken by the Township, from which it may receive fees, rents or other charges, and all fees, rents or other charges received by the Township for or in connection with the use or services of such municipal public utility shall be held, used and applied in accordance with the provision of said Local Bond Law and any other laws applicable.
[1]
Editor's Note: See N.J.S.A. 40A:2-1 et seq.
The public swimming pool constitutes a municipal public utility
which is deemed to be self-liquidating during the period of construction
and until it shall have been in operation for at least one fiscal
year. The Division of Local Government in the Department of Community
Affairs of the State of New Jersey has heretofore determined by order
on the basis of a project report that said municipal public utility
will have an income sufficient to make it a self-liquidating purpose
as referred to in said N.J.S.A. 40A:2-46.
