P.L. 1997, CHAPTER 354, approved January 15, 1998
Senate, No. 2281
An Act to validate certain proceedings for the issuance of bonds of school districts and any bonds or other obligations issued or to be issued pursuant to such proceedings.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. All proceedings heretofore had or taken by any school district or at any school district election for the authorization or issuance of bonds of the school district and any bonds or other obligations of the school district issued or to be issued in pursuance of any proposal adopted by the legal voters at such election, are hereby ratified, validated and confirmed, notwithstanding that a supplemental debt statement was not prepared and filed as required by the provisions of N.J.S.18A:24-17; provided that a supplemental debt statement heretofore has been prepared and filed in the places required by N.J.S.18A:24-17; and notwithstanding that the notice of election was not published and posted and did not contain the substance of the bond proposal to be submitted to the voters in accordance with the provisions of N.J.S.19:12-7; provided that notices of the election were published and posted prior to the election; provided that no action, suit or other proceeding of any nature to contest the validity of such proceedings has heretofore been instituted prior to the date on which this act takes effect and within the time fixed therefor by or pursuant to law or rule of court, or when such time has not heretofore expired, is instituted within 15 days after the effective date of this act.
2. This act shall take effect immediately.
This bill validates school bond authorization proceedings taken by the Board of Education of Brick Township authorizing $4,451,000 of school bonds and approved by the voters of the district.
Validates school bond authorization proceedings for Brick Township Board of Education.