The Bridgeton Municipal Port Authority, an instrument exercising public
and essential governmental functions and having perpetual succession, shall
have the following powers, conferred upon such bodies by the Legislature by
provisions of N.J.S.A. 40:68A-40, and also to have such other powers as should
hereafter be granted by the Legislature:
A. To adopt and have a common seal and to alter the same
at pleasure.
C. In its own name to acquire, hold, use and dispose of
its charges and other personal property for the purposes of the Municipal
Port Authority, and to acquire by purchase, gift, condemnation or otherwise,
or lease as lessee, real property and easements therein, necessary or useful
and convenient for the purposes of the Municipal Port Authority whether subject
to mortgages, deeds of trust or other liens, or otherwise, and to hold and
to use the same, and to dispose of property so acquired no longer necessary
for the purposes of the Municipal Port Authority.
D. To grant by franchise, lease or otherwise, the use of
any project, facilities or property owned and controlled by it to any person
for such consideration and for such period or periods of time and upon such
other terms and conditions as it may fix and agree upon. Any such grant may
be upon condition that the user shall or may construct or provide any buildings
or structures or improvements on such project, facilities or property, or
portions thereof, all upon such terms and conditions as may be agreed upon.
E. To provide for and secure the payment of any bonds and
the rights of the holders thereof, to purchase, hold and dispose of any bonds.
F. To apply for and to accept gifts or grants of real personal
property, money, material, labor or supplies for the purposes of the Municipal
Port Authority from any person, county or municipality, including the United
States any agency thereof, and to make and perform such agreements and contracts
and to do any and all things necessary or desirable in connection with the
procuring, acceptance or disposition of such gifts or grants.
G. To determine the exact location, type and character of
and all matters in connection with all or any part of the port system which
it is authorized to own, construct, establish, effectuate or control and to
enter on any lands, waters, or premises for the purposes of making such surveys,
diagrams, maps or plans or for the purpose of making such soundings or borings
as it deems necessary or convenient.
H. To make and enforce bylaws or rules and regulations for
the management and regulation of its business and affairs and for the use,
maintenance and operation of the port system and any other of its properties,
and to amend the same.
I. To do and perform any acts and things authorized by this
Act under, through or by means of its own officers, agents and employees,
or by contracts with any person.
J. To acquire, purchase, construct, lease, operate, maintain
and undertake any project and to make service charges for the use thereof.
K. To enter into any and all contracts, execute any and
all instruments, and do and perform any and all acts or things necessary,
convenient or desirable for the purposes of the Municipal Port Authority or
to carry out any power expressly given to the act subject to P.L. 1979, c.
198, Local Public Contracts Law, N.J.S.A. 40A:11-1 et seq.
The Bridgeton Municipal Port Authority shall consist of five members
to be appointed by the City Council of the City of Bridgeton, by resolution
adopted at its regular or special meeting. Members shall serve for a five-year
term, the members first appointed to be designated to serve for terms respectively
expiring on the first day of February of the first, second, third, fourth
and fifth years after their appointment. Vacancies shall be filled by resolution
by the City Council of the City of Bridgeton for the unexpired term.