New Jersey § 58:5-36

§ 58:5-36.

A commission shall have the power in its own name and on its own behalf, to acquire,

hold, use and dispose of its revenues and other moneys and to provide for and secure

the payment of any bonds or notes and the rights of the holders thereof and to carry

out the purposes of this act, shall have the power in addition to all other powers

granted to it by law: (a) to own, maintain, repair, reconstruct, operate and use water transmission facilities

and, to that end, to acquire, by purchase, gift, condemnation or otherwise, and, to

construct, maintain, repair, reconstruct, operate and use all plants, structures,

equipment and other real and personal property, deemed necessary for, or incident

to, any such facilities; and for said purposes may enter into any contracts or agreements,

execute all instruments, and do all things necessary or convenient to carry out any

power given in this act; provided, however, that a commission shall not have the

power to condemn any waterworks, reservoir, transmission facility, water supply system,

pipeline or any appurtenances thereto owned by a municipality or by a municipal or

intermunicipal authority or commission; (b) to enter into contracts pursuant to and in accordance with the provisions of the

water supply law with the State to be executed on behalf of the State by the Commissioner

of Conservation and Economic Development for the purchase of water from the State

and determining the terms and conditions of such purchase; and (c) to enter into contracts with any municipality or person for the sale or exchange

of water and determining the terms and conditions of such sale or exchange.