The governing body shall have the authority to provide that
the provisions of Subtitle 1 of Title 39 of the Revised Statutes of
New Jersey be made applicable to semipublic roads, streets, driveways,
and parking lots within the Borough. The governing body shall, prior
to determining whether to obtain Title 39 jurisdiction over any semipublic
road, street, driveway, or parking lot within the Borough at the request
of the property owner of such road, street, driveway, or parking lot,
determine that obtaining such jurisdiction would be in the best interest
of the Borough of Caldwell. In making its determination, the governing
body shall consider the recommendation of the Borough Engineer, who
shall review all requests to the Borough and shall ensure that all
requirements of New Jersey law have been satisfied as a prerequisite
for making an affirmative recommendation to the governing body. The
governing body also shall consider the recommendation of the Chief
of Police, who shall ensure that, as a prerequisite to making an affirmative
recommendation to the governing body, jurisdiction shall promote the
public health, safety, and welfare.