[HISTORY: Adopted by the Township Committee of the Township of Franklin 12-18-1967 as Ch. 41 of the 1967 Code. Amendments noted where applicable.]
Pursuant to the provisions of the County and Municipal Water and Sewerage Disposal Authorities Law (P.L. 1957, c. 183, p. 634, Section 1, N.J.S.A. Title 40, Chapter 14B[1]) of the State of New Jersey, there is hereby created a public body corporate and politic under the name and style of "Franklin Township Municipal Utilities Authority."
[1]
Editor's Note: See N.J.S.A. 40:14B-1 et seq.
The Franklin Township Municipal Utilities Authority hereby created is a utilities authority as contemplated and provided for by said County and Municipal Water and Sewerage Disposal Authorities Law and shall have and exercise all of the powers and perform all of the duties provided for by said County and Municipal Water and Sewerage Disposal Authorities Law and any other statutes heretofore enacted and applicable thereto.
A. 
The Franklin Township Municipal Utilities Authority shall consist of five members, and said members shall be appointed by the Township Committee of the Township of Franklin.
B. 
Pursuant to N.J.S.A. 40:14B-17, the members of the Franklin Township Municipal Utilities Authority shall receive as compensation for their services such sums as the Franklin Township Municipal Utilities Authority may determine, but said compensation shall not exceed the annual sums hereinbelow mentioned for the various members:
Member
Annual Sum
Chairman
$750
Vice Chairman
$600
Other members, each
$500
C. 
Pursuant to N.J.S.A. 40:14B-18, the Franklin Township Municipal Utilities Authority may appoint a Secretary, an Executive Director, a Chief Engineer, a Solicitor and such other agents and employees as it may require, and the Franklin Township Municipal Utilities Authority in making said appointments and employments shall determine the qualifications, terms of office, duties, retainers and/or compensations of all such appointees or employees.
A copy of this chapter, duly certified by the Township Clerk of the Township of Franklin, shall forthwith be filed by said Township Clerk in the office of the Secretary of State of the State of New Jersey.