New Jersey § 52:27h-67

§ 52:27h-67.

a. The governing body of any qualifying municipality may, by ordinance, create or designate

a nonprofit corporation established pursuant to the provisions of Title 15 of the

Revised Statutes or Title 15A of the New Jersey Statutes to act as the zone development

corporation for the municipality. Any zone development corporation so created or so designated shall include on its

board of directors representatives of the government of the qualifying municipality,

members of the business community thereof, and representatives of community organizations

in the municipality, and the total membership of the board of directors shall be broadly

representative of businesses and communities within the municipality. b. Notwithstanding the provisions of any other law to the contrary, a zone development

corporation shall be considered to be a local development corporation for the purpose

of receiving any State financial or technical assistance as may be available, and

the creation of a zone development corporation shall not preclude a qualifying municipality

from creating another local development corporation for the municipality with responsibilities

not related to the enterprise zone, nor preclude that other corporation from receiving

State financial or technical assistance. c. The zone development corporation shall develop and maintain either an Internet

website or a webpage on the municipality's Internet website. The purpose of the website or webpage shall be to provide increased public access

to the zone development corporation's operations and activities. The following information, if applicable, shall be posted on the zone development

corporation's website or webpage: (1) a description of the zone development corporation's mission and responsibilities; (2) the budget once adopted for the current and immediately prior fiscal years. Commencing with the fiscal year next following the effective date of P.L.2011, c. 167 ( C.4:24-20.1 et al.), the budgets of at least three consecutive fiscal years shall be available

on the website or webpage; (3) The most recent Comprehensive Annual Financial Report or other similar financial

information; (4) the annual audit for the most recent and immediately prior fiscal years. Commencing with the fiscal year next following the effective date of P.L.2011, c. 167 ( C.4:24-20.1 et al.), the annual audits of at least three consecutive fiscal years shall be available

on the website or webpage; (5) the zone development corporation's bylaws, rules, regulations, and official policy

statements deemed relevant by the corporation's board to the interests of the residents

within the zone; (6) notice, posted pursuant to the “Senator Byron M. Baer Open Public Meetings Act,”

P.L.1975, c. 231 ( C.10:4-6 et seq. ), of a meeting of the zone development corporation, setting forth the time, date,

location, and agenda of the meeting; (7) the minutes of each meeting of the zone development corporation including all

resolutions of the board and its committees for the current fiscal year. Commencing with the fiscal year next following the effective date of P.L.2011, c. 167 ( C.4:24-20.1 et al.), the approved minutes of meetings for at least three consecutive fiscal years

shall be available on the website; (8) the name, mailing address, electronic mail address, if available, and phone number

of every person who exercises day-to-day supervision or management over some or all

of the operations of the zone development corporation; and (9) a list of attorneys, advisors, consultants, and any other person, firm, business,

partnership, corporation, or other organization which received any remuneration of

$17,500 or more during the preceding fiscal year for any service whatsoever rendered

to the zone development corporation.