ASSEMBLY CONCURRENT RESOLUTION No. 14

STATE OF NEW JERSEY

INTRODUCED MAY 20, 1996

By Assemblyman BODINE and Assemblywoman BARK

A Concurrent Resolution approving the Fiscal Year 1997 Financial Plan of the New Jersey Wastewater Treatment Trust.

Whereas, The New Jersey Wastewater Treatment Trust, a State authority established pursuant to P.L.1985, c.334 (C.58:11B-1 et seq.), is authorized to make loans to, and guarantee debt incurred by, local government units for the construction of wastewater treatment system projects; and

Whereas, The New Jersey Wastewater Treatment Trust is required, pursuant to sections 21 and 22 of P.L.1985, c.334 (C.58:11B-21 and 58:11B-22), to submit to the Legislature a financial plan designed to implement the financing of the wastewater treatment system projects on the project priority list developed by the Commissioner of the Department of Environmental Protection and approved by the Legislature for funding during the forthcoming State fiscal year; now, therefore,

    Be It Resolved by the General Assembly of the State of New Jersey (the Senate concurring):

    1. The Fiscal Year 1997 Financial Plan of the New Jersey Wastewater Treatment Trust, submitted to the Speaker of the General Assembly on or before May 15, 1996 in accordance with the requirements of section 22 of P.L.1885, c.334 (C.58:11B-22), is hereby approved.

STATEMENT

    This Assembly Concurrent Resolution would approve the Fiscal Year 1997 Financial Plan of the New Jersey Wastewater Treatment Trust. The Plan was submitted to the Speaker of the General Assembly on or before May 15, 1996 as required by law.

Approves FY 1997 Financial Plan of N.J. Wastewater Treatment Trust.