New Jersey § acts:saved-54 - (18)

§ acts:saved-54. (18)

5. That upon the application of the owners, or persons interested in any lands in any

city to the commissioners appointed under the act to which this is a supplement, for

said city, for the adjustment of any assessments in arrears prior to the thirtieth

day of March, one thousand eight hundred and eighty-six, said commissioners may proceed

forthwith to adjust the same, and may report the same to the comptroller of the city

or other officer for collecting assessments, and in case said amount so adjusted shall

be paid within thirty days after said report shall be received by said comptroller

or other officer, together with all arrears of taxes, water rents or water rates upon

said property, due to the said city at the time of said payment, the payment of said

amount so adjusted shall be in lieu of all assessments for street and sewer improvements

due upon said property at the time of said payment; provided, no adjustment shall

be made for an amount less than the principal amount of said assessments; provided,

that if the amount so adjusted in lieu of said assessments shall not be paid within

thirty days after the same shall be reported to said comptroller of said city or other

officer for collecting assessments, together with all arrearages of taxes, assessments,

water rents, or water rates due at the time of said report, said adjustment shall

be void, and said assessments shall remain as if no adjustment had been made and subject

to the general provisions of the act to which this is a supplement.