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Terms Used In New Jersey Statutes 58:28-4

  • Contract: A legal written agreement that becomes binding when signed.
3. As used in sections 3 through 6 of P.L.2002, c.47 (C. 58:28-4 through 58:28-7):

“Board” means the Board of Public Utilities.

“Concession fee” means a payment from a duly incorporated nonprofit association to the governing body of a city of the first class, regardless of when it is received, that is exclusive of or exceeds any contractually specified reimbursement of direct costs incurred by the governing body.

“Contract” means a long-term written agreement wherein a duly incorporated nonprofit association agrees to provide water supply services or wastewater treatment services on behalf of the governing body of a city of the first class and wherein the duly incorporated nonprofit association agrees to provide, during the term of the contract, capital expenditures on behalf of the governing body’s water supply facility as defined in subsection (16) of section 15 of P.L.1971, c.198 (C. 40A:11-15) or wastewater treatment system as defined in subsection (19) of section 15 of P.L.1971, c.198 (C. 40A:11-15), or both, as the case may be, which expenditures are set forth in the contract.

“Department” means the Department of Environmental Protection.

“Director” means the Director of the Division of Local Government Services in the Department of Community Affairs.

“Division” means the Division of Local Government Services in the Department of Community Affairs.

“Proposal document” means the document prepared by or on behalf of the governing body of a city of the first class describing the water supply services or wastewater treatment services that the governing body is considering having provided by a duly incorporated nonprofit association pursuant to a contract.

L.2002,c.47,s.3.