Pursuant to the Municipal Utilities Authorities
Law N.J.S.A. 40:14B-1 et seq., there is hereby created and established
a public body corporate and politic as an agency and instrumentality
of the Township, under the corporate name and title of the "Egg Harbor
Township Municipal Utilities Authority." The Municipal Utilities Authority
shall, within the territorial boundaries of the Township, have and
may exercise all of the powers provided for in the Municipal Utilities
Authorities Law, together with any other powers which may hereafter
be conferred upon municipal utilities authorities by law.