New Jersey § 58:1b-7

§ 58:1b-7.

Except as otherwise limited by P.L.1981, c. 293 ( C.58:1B-1 et seq. ) , the authority shall have power: a. To sue and be sued. b. To have an official seal and alter the same at pleasure. c. To make and alter bylaws for its organization and internal management and for the

conduct of its affairs and business. d. To maintain an office at such place or places within the State as it may determine. e. To acquire, lease as lessee or lessor, rent, hold, use and dispose of real or personal

property for its purposes. f. To borrow money and to issue its negotiable bonds and to secure the same by a mortgage

on its property or any part thereof and otherwise to provide for and secure the payment

thereof and to provide for the rights of the holders thereof. g. To fix and revise from time to time and charge and collect rents, fees and charges

for any of the services rendered by the authority, which shall be equitably assessed. h. To procure insurance against any losses in connection with its property, operations

or assets in such amounts and from such insurers as it deems desirable. i. Subject to any agreement with bondholders to invest moneys of the authority not

required for immediate use, including proceeds from the sale of any bonds, in such

obligations, securities and other investments as the authority shall deem prudent. j. To appoint and employ an executive director and such additional officers who need

not be members of the authority and accountants, financial advisors or experts and

such other or different officers, agents and employees as it may require and determine

their qualifications, terms of office, duties and compensation, all without regard

to the provisions of Title 11A , Civil Service, of the New Jersey Statutes, except with respect to those officers and employees of the Water Supply

Facilities Element who are transferred to the authority pursuant to section 24 of P.L.1981, c. 293 ( C.58:1B-24 ) , and these officers and employees shall remain subject to the provisions of that

Title. k. To contract for and to accept any gifts or grants or loans of funds or property

or financial or other aid in any form from the United States of America or any agency

or instrumentality thereof, or from the State or any agency, instrumentality or political

subdivision thereof, or from any other source and to comply, subject to the provisions

of P.L.1981, c. 293 ( C.58:1B-1 et seq. ) , with the terms and conditions thereof. l . To acquire, hold, rent, lease, use and dispose of real or personal property in the

exercise of its powers and the performance of its duties under P.L.1981, c. 293 ( C.58:1B-1 et seq. ) . m. To acquire, subject to the provisions of any other statute, in the name of the

authority by purchase or otherwise, on such terms and conditions and in such manner

as it may deem proper, except with respect to property owned by the State, by the

exercise of the power of eminent domain, any land and other property, which it may

determine is reasonably necessary for any of its projects and any and all rights,

title and interest in that land and other property, including, providing there is

no prudent and feasible alternative, public lands, reservations, highways or parkways,

owned by or in which the State or any county, municipality, public corporation, or

other political subdivision of the State has any right, title or interest, or parts

thereof or rights therein and any fee simple absolute or any lesser interest in private

property, and any fee simple absolute in, easements upon or the benefit of restrictions

upon, abutting property to preserve and protect the project. n. To do and perform any acts and things authorized by P.L.1981, c. 293 ( C.58:1B-1 et seq. ) under, through, or by means of its officers, agents or employees or by contract with

any person. o . To establish and enforce rules and regulations for the use and operation of its

projects and the conduct of its activities, and provide for the policing and the security

of its projects. p. Upon the request of a customer: (1) to offer the customer the ability to receive

or access, in electronic format, any periodic bill for service sent by the local unit

or units to its customers and any additional information sent by the local unit or

units to its customers as required by law, provided that any notice of disconnection,

discontinuance or termination of sewerage service shall be sent to a customer in written

form at the customer's legal mailing address in addition to being sent or being made

available in electronic format; and (2) to provide the customer the option of paying

any such periodic bill via electronic means. q. To do any and all things necessary or convenient to carry out its purposes in accordance

with the powers given and granted in P.L.1981, c. 293 ( C.58:1B-1 et seq. ) .