N.J.S.A. 34:1B-7.14

Determination of projects to be financed

34:1B-7.14. Determination of projects to be financed 5. With respect to projects to be financed by the authority pursuant to this act and undertaken with moneys from the Economic Recovery Fund, the authority shall in determining those projects, and in the planning and undertaking of those projects, consider the following factors: a. The economic feasibility of the project; b. The degree to which the project will advance Statewide and regional strategies and objectives; c. The degree to which the project maximizes the leveraging of other sources of funds; and d. The degree to which the project promotes economic development, the creation or retention of jobs, and the stimulation of private sector investment and expansion. L.1992,C.16,s.5.

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This is the verbatim text of N.J.S.A. 34:1B-7.14, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

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