New Jersey § 34:1b-6

§ 34:1b-6.

Prior to making any commitment for assistance, the authority shall, by resolution duly adopted, find and determine, on the basis of all information

reasonably available to it, that such assistance will tend to maintain or provide

gainful employment for the inhabitants of the State, or will reduce the consumption,

in a building devoted to industrial or commercial purposes, or in an office building,

of nonrenewable sources of energy, or will eliminate and reduce environmental pollution

derived from the operation of industry, utilities and commerce, and improve living

conditions, and shall serve a public purpose by contributing to the prosperity, health

and general welfare of the inhabitants of the State, and will tend to aid and assist

in the economic growth, development or redevelopment of the political subdivision

wherein it is to be located, and such finding and determination shall be conclusive

for all purposes of this act. The authority shall also find and determine, on the basis of all information reasonably

available to it, that such assistance, or any part thereof, used to construct, improve

or refinance any pollution control facility as defined by this act will not impair

any obligation undertaken by any County Industrial Pollution Control Financing Authority

created pursuant to P.L.1973, c. 376 ( C.40:37C-1 et seq. ).