A.
A municipal Solid Waste and Recycling Utility (hereinafter "Utility") is hereby established by the Borough of Netcong.
B.
The Utility is created to transact and administer the collection and disposal of solid waste and recycling materials within the Borough of Netcong.
C.
The Utility shall be operated by the Borough Council of the Borough of Netcong and its assigned designee(s).
D.
The Utility shall be a publicly owned municipal utility that, for accounting and management purposes, is a separate instrumentality of the Borough of Netcong, having separate accounts, budget, property, borrowing capacity and ability to contract.