New Jersey § 34:1b-7
Full text of New Jersey New Jersey Statutes § 34:1b-7, with citation guidance and answers to common questions.
§ 34:1b-7.
With respect to projects for which costs are to be financed by the authority pursuant
to this act, the authority shall in determining those projects, and in the planning
and undertaking of those projects, consider the following in addition to any factors
required to be considered pursuant to P.L.1974, c. 80 ( C.34:1B-1 et seq. ): a. The economic feasibility of the project; b. The extent of economic and related social distress in the municipality and adjacent
area to be affected by the project; c. The degree to which the project will advance Statewide and regional strategies
and objectives; d. The likelihood that a project shall, after its completion, be able to repay to
the fund all or part of any financing costs incurred; e. The relationship of the project to a comprehensive local development strategy,
including projects undertaken, or planned to be undertaken, within the municipality
pursuant to the “New Jersey Local Development Financing Fund Act,” P.L.1983, c. 190
( C.34:1B-36 et seq. ); and f. The degree to which the project utilizes, enhances, protects and promotes public
transportation systems.
Frequently Asked Questions About New Jersey § 34:1b-7
What does New Jersey Statutes § 34:1b-7 cover?
Section 34:1b-7 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 34:1b-7?
A common citation format is "New Jersey Statutes § 34:1b-7" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 34:1b-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.