New Jersey § 34:1b-193
Full text of New Jersey New Jersey Statutes § 34:1b-193, with citation guidance and answers to common questions.
§ 34:1b-193.
The governing body of any eligible municipality may, by ordinance, establish a sports
and entertainment district in order to encourage and promote the development of a
project within the district. A sports and entertainment district shall consist of an area of the municipality
designated in a project plan prepared by the developer. The project plan shall be approved by municipal ordinance, duly adopted by the governing
body. The ordinance shall include or incorporate: a. a description of the proposed project, the anticipated period of construction,
and a description and map of the proposed sports and entertainment district; b. an estimate of the amount of tax revenues that are anticipated to be generated
annually within the sports and entertainment district for that period of time covered
by the project plan and an estimate of those revenues to be allocated to the project; c. an assessment of the economic benefits of the project, including a projection of
the value of private investment that is anticipated to be generated, directly or indirectly,
in the sports and entertainment district as a result of the undertaking of the project
or other proposed development within the sports and entertainment district; d. documentation as to the necessary approvals relating to the project; e. demonstration that at least $20 million in private investment has been committed
to the project; and f. documentation that the district has been identified in the appropriate plan.
Frequently Asked Questions About New Jersey § 34:1b-193
What does New Jersey Statutes § 34:1b-193 cover?
Section 34:1b-193 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-193?
A common citation format is "New Jersey Statutes § 34:1b-193" (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-193 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.