New Jersey § 58:14-10

§ 58:14-10.

The municipality making such request shall, in and by said resolution, agree to pay

the commissioners the cost, not exceeding ten thousand dollars, of preparing the maps,

plans, specifications and estimates so requested, and shall, at the time of making

such request, pay as part of said expenses the sum of five thousand dollars to the

commissioners. Such municipality, acting by the body or board having charge of its finances, may,

at its discretion, by resolution, agree also to advance and pay to the commissioners

for their use in making further investigations and preparing detail plans and specifications,

moneys in installments or otherwise, not exceeding sixty thousand dollars, and if

more than one municipality lying in whole or in part within the district agree to

advance and pay moneys to the commissioners for said purposes, the amount of moneys

so to be advanced and paid by said municipalities shall not exceed, in the aggregate,

one hundred and fifty thousand dollars. Money so to be paid by a municipality may be appropriated and paid from any fund

or balance not otherwise appropriated, and may be raised by temporary loans, notes

or bonds, and shall be repaid to it, with interest at the rate of five per cent per

annum, when the contract shall have been entered into for the building of said sewer,

plant or works as hereinafter provided.