13:17-6 - Powers

13:17-6.  Powers
    The commission shall have perpetual succession and shall have the following  powers:

    (a) To adopt and from time to time amend and repeal suitable by-laws for the  management of its affairs;

    (b) To adopt and use an official seal and alter the same at its pleasure;

     (c) To maintain an office at such place or places within the State as it may  designate;

     (d) To sue and be sued in its own name;

     (e) To issue bonds or notes of the commission and to provide for the rights  of the holders thereof as provided in this act;  provided, however, that prior  to the issuance of any bonds or notes and prior to incurring any financial  obligation in excess of $1,000,000.00, the commission shall employ a registered  municipal accountant of New Jersey or a certified public accountant of New  Jersey to inspect its accounts and certify to the State Treasurer that such  bonds or such obligations may be issued or incurred by the commission without  prejudice to any bonds or obligations of the commission outstanding, and that  such bonds or obligations are, or may reasonably be expected to be, within the  ability of the commission to meet.

    (f) To enter upon any building or property in order to conduct investigations, examinations, surveys, soundings, or test borings necessary to carry out the purposes of this act, all in accordance with due process of law.

    (g) To acquire in the name of the commission by purchase, lease as lessee, or otherwise, on such terms and conditions and in such manner as it may deem proper, or by the exercise of the power of eminent domain, any land or interest  therein and other property, including land under water and riparian lands, land  or highways held by any municipality or other governmental subdivision of the  State, or any fee simple absolute in, easements upon, or the benefit of  restrictions upon abutting property, that it may determine is reasonably  necessary for the performance of any of its duties under this act; provided  that the power of eminent domain shall not be exercised by the commission to  acquire any property owned or used by a public utility, as defined in section  48:2-13 of the Revised Statutes, in furnishing any commodity or service which  by law it is authorized to furnish;

    (h) To receive and accept, from any Federal or other public agency or governmental entity, grants or loans for or in aid of the planning or construction of any project or improvement, or the acquisition of any property,  and to receive and accept aid or contributions from any other source, of either  money, property, labor or other things of value, to be held, used and applied  only for the purposes for which such grants, loans and contributions may be  made, and to enter into co-operative agreements with the Federal Government or  any other public or governmental agency for the performance of such acts as may  be necessary and proper for the reclamation of the meadowlands and to comply  with other requirements for such participation;

    (i) To prepare, adopt and implement a master plan for the physical development of all lands, or a portion thereof, lying within the district; and to adopt and enforce codes and standards for the effectuation of such plan;

    (j) By contract or contracts with a redeveloper or by its own employees to undertake any development or other project or improvement as it finds necessary  to reclaim, develop, redevelop and improve the land within the district;

    (k) To establish engineering standards for land reclamation, including the type of fill, drainage and grading, and to promulgate a building code specifying the maximum weight, size and density of all buildings and structures  to be placed on any land within its jurisdiction according to the method of  reclamation employed and the load-bearing quality of the reclaimed land;

    (l) To recover by special assessments the cost of improvements from the increase of property values attributable to such improvements;

    (m) Generally to fix and revise from time to time and to charge and collect  rates, fees and other charges for the use of any facilities operated and  maintained by the commission;

    (n) To make such legal arrangements for the use of the property of the school fund so as to increase the capital of such fund as may be necessary or desirable;

    (o) To enter into any and all agreements or contracts, execute any and all instruments, and do and perform any and all acts or things necessary, convenient or desirable for the purposes of the commission or to carry out any power expressly given in this act;

    (p) To conduct examinations and investigations, hear testimony and take proof under oath at public or private hearings, of any material matter, require  attendance of witnesses and the production of books and papers and issue  commissions for the examination of witnesses who are out of State, unable to  attend, or excused from attendance;

    (q) To publish and disseminate information and to make known to potential users, by advertisement, solicitation or other means, the availability for development of lands in the district;

    (r) To review and regulate plans for any subdivision or development within the district;

    (s) To subordinate, waive, sell, assign, or release any right, title, claim,  lien, or demand however acquired, including any equity or right or redemption;   to foreclose, sell, or assign any mortgage held by it, or any interest in real  or personal property;  and to purchase at any sale upon such terms and at such  prices as it determines to be reasonable and to take title to property, real,  personal, or mixed, so acquired, and to sell, exchange, assign, convey, lease,  mortgage, or otherwise dispose of any such property, subject to such conditions  and restrictions as it deems necessary to carry out the purposes of this act;

    (t) To cause to be prepared plans, specifications, designs and estimates of  costs for the construction of projects and improvements under the provisions of  this act, and from time to time to modify such plans, specifications, designs  or estimates;

    (u) To determine the existence of renewal areas, and to undertake redevelopment projects therein;

    (v) To exercise all authorized powers of the commission which shall be deemed to be for a public purpose and to acquire any property which shall be deemed for public use, which use shall be deemed superior to the public use of any municipality, county, school district, or other local or regional district,  authority or agency;

    (w) To provide solid waste disposal facilities for the treatment and disposal of solid waste, as hereinafter provided.

     L.1968, c. 404, s. 6.