[Adopted 9-2-1997 by Ord. No. 97-4]
The City Council of the City of Bridgeton does hereby create the Bridgeton Development Corporation, said organization to be organized pursuant to Title 15 of the Statutes of the State of New Jersey and to have all of the powers, duties, and responsibilities as provided for therein and in accordance with the powers, duties, and responsibilities as set forth in the New Jersey Urban Redevelopment Act (N.J.S.A. 55:19-20 et seq.) and New Jersey Urban Enterprise Zones Act (N.J.S.A. 52:27H-60 et seq.).
The Mayor, Clerk, and City Solicitor be and are hereby authorized to do all things and file such documents as may be reasonably necessary to effectuate the foregoing.