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Session Laws, 1970
Volume 695, Page 535   View pdf image
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Marvin Mandel, Governor                            535

wastes only to a Service project or avail himself of the projects
provided by the Service to abate the pollution. The cost of projects
provided by the Service to abate pollution under the terms of this
subsection shall be borne by the person against whom the order of
the Director of the Department of Water Resources was issued. The
person and the Service shall determine by agreement, from time to
time, the costs, rental, charges, or other fees to be paid by the person
to the Service. If the fees and charges remain unpaid for a period
of 60 days, the unpaid bills shall be a lien against the property
served and be referred to the Attorney General for collection.

All projects provided by the Service under this subsection shall
remain under the control and operation of the Service. It is un-
lawful for a person provided with projects by the Service under
this subsection to duplicate or use any other projects serving the
same purpose.

10.    Use of Similar Projects Prohibited

It EXCEPT AS PROVIDED FOR IN SECTION 3B OF THIS
ARTICLE, OR IN AN APPROVED FIVE-YEAR PLAN ADOPTED
PURSUANT TO THIS ARTICLE, IT is unlawful for a municipality
or person provided with any projects by the Service under this
Article to duplicate or use any other similar projects serving the
same purposes.

11.    Authority to issue revenue bonds and determine matters relating
thereto.

(a)   The Service is hereby authorized and empowered to provide,
by resolution adopted by a majority of the Board of Directors, from
time to time for the issuance of revenue bonds of the Service for the
purpose of financing the cost of acquisition, construction, reconstruc-
tion, improvement or extension of any one or more solid waste
disposal project
PROJECTS or wastewater purification project
PROJECTS or any combination thereof.

(b)   The Board of Directors shall have absolute discretion to de-
termine with respect to the bonds of any issue: (i) the date or dates
of issue; (ii) the date or dates and amount or amounts of maturity,
provided only that no bond of any issue shall mature later than
forty (40) years from the date of its issue; (iii) the rate or rates
of interest payable thereon and the date or dates of such payment;
(iv) the form or forms, denomination or denominations, manner of
execution and the place or places of payment thereof, and of the
interest thereon, which may be at any bank or trust company within
or without this State; (v) whether such bonds or any part thereof
shall be made redeemable before maturity and, if so, upon what
terms, conditions and prices; and (vi) any other matter relating to
the form, terms, conditions, issuance and sale thereof.

12.    Provisions applicable to all bonds.

(a) In case any officer whose signature or a facsimile of whose
signature appears on any bonds or coupons shall cease to be such
officer before the delivery of such bonds, such signature or such
facsimile shall nevertheless be valid and sufficient for all purposes
the same as if he had remained in office until such delivery.


 

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Session Laws, 1970
Volume 695, Page 535   View pdf image
 Jump to  
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