[HISTORY: Adopted by the Mayor and Council of the Borough of Palisades Park 10-27-1986 by Ord. No. 1047. Amendments noted where applicable.]
This chapter shall be known and may be cited as the "Cooperative Pricing Ordinance of the Borough of Palisades Park."
Pursuant to the provisions of N.J.S.A. 40A:11-11(5), the Mayor and Borough Clerk are hereby authorized to enter into a cooperative pricing agreement with the lead agency or any other contracting unit within the County of Bergen or adjoining counties for the purchase of fire equipment for the Borough of Palisades Park.
The lead agency entering into contracts on behalf of the Borough of Palisades Park shall be responsible for complying with the provisions of the Local Public Contracts Law (N.J.S.A. 40A:11-1 et seq.) and all other provisions of the Revised Statutes of the State of New Jersey.