As used in this chapter, the following terms shall have the
meanings indicated:
DISTRICT MANAGEMENT CORPORATION
An entity incorporated pursuant to Title 15A of the New Jersey
statutes and designated by municipal ordinance to receive funds collected
by a special assessment within the special improvement district, as
authorized by this chapter and amendments thereto.
Nonprofit organizations may be designated as the district management
corporation for SID Districts. This management corporation, in addition
to acting as an advisory board to the Mayor and Council, shall have
all powers necessary and requisite to effectuate the purposes of this
chapter and the district, including but not limited to the power to:
A. Adopt bylaws for the regulation of its affairs and the conduct of
its business and to prescribe rules, regulations and policies in connection
with the performance of its functions and duties.
B. Employ such persons as may be required and to fix and pay their compensation
from funds available to the corporation.
C. Apply for, accept, administer and comply with the requirements respecting
an appropriation of funds or a gift, grant or donation of property
or money.
D. Make and execute agreements which may be necessary or convenient
to exercise the powers and functions of the corporation, including
contracts with any person, firm, corporation, governmental agency
or other entity.
E. Administer and manage its own fund and accounts and to pay its own
obligations.
F. Borrow money from private lenders for periods not to exceed 180 days
and from governmental entities for that or longer periods.
G. Fund the improvement of the exterior appearance of properties in
the district through grants or loans.
H. Fund the rehabilitation of properties in the district.
I. Accept, purchase, rehabilitate, sell, lease or manage property in
the district.
J. Enforce the conditions of any loan, grant, sale or lease made by
the corporation.
K. Provide security, sanitation and other services to the district supplemental
to those provided normally by the municipality.
L. Undertake improvements designated to increase the safety or attractiveness
of the district to businesses which may wish to locate there or to
visitors to the district, including but not limited to litter cleanup
and control, landscaping, parking areas and facilities and recreational
and rest areas and facilities, pursuant to pertinent regulations of
the City of Camden.
M. Publicize the district and the businesses included within the district
boundaries.
N. Recruit new businesses to fill vacancies in and to balance the businesses
mix of the district.
O. Organize special events in the district.
P. Provide special parking arrangements for the district.
Q. Provide temporary decorative lighting in the district.
R. Conduct public hearings concerning proposed regulations within the
district.
S. Propose regulations to City Council governing:
(1) The distribution and location of movable furniture, such as sculpture
or pedestrian traffic control devices, and landscaping which are not
otherwise located and fixed by the plans and specifications for the
district.
(2) The uses to be permitted on the district property by occupants of
abutting property, any transit or telephone utility, outdoor restaurants,
sidewalk sales, concessionaires, vendors and other uses serving the
convenience and enjoyment of pedestrians and the location of such
uses.
(3) The issuance of permits to conduct any special activity consistent
with the broad purpose of the district.
(4) The operation of lighting, heating or other facilities in the district,
replacing landscaping and maintaining the furniture and facilities
on the district property.
Persons operating outdoor restaurants, conducting sidewalk sales
or engaging in hawking, peddling or vending of any foods, beverages,
confections, goods, wares, merchandise or commodities of any nature
or description on the streets, sidewalks, parks and public rights-of-way
within the City of Camden's special improvement districts shall
conform to rules and regulations formally adopted by City Council,
in accordance with the standards enunciated in N.J.S.A. 40:56-65 et
seq.
The district management corporation shall cause an annual audit
of its books, accounts and financial transactions to be made and filed
with the Mayor and Council, and for that purpose the corporation shall
employ a certified public accountant of New Jersey. The annual audit
shall be completed and filed with the governing body within four months
after the close of the fiscal year of the corporation, and a certified
duplicate copy of the audit shall be filed with the Director of the
Division of Local Government Services in the Department of Community
Affairs within five days of the filing of the audit with the Mayor
and Council.
The district management corporation shall, within 30 days after
the close of each fiscal year, make an annual report of its activities
for the preceding fiscal year to the Mayor and Municipal Clerk of
the City of Camden.
Notwithstanding the creation of a special improvement district,
the City of Camden expressly retains all its powers and authority
over the area designated within as the special improvement district.