[Added 4-20-1987 by Ord. No. 47-86]
A.
There exists in the Township of Old Bridge a need for safe and sanitary
dwelling accommodations for persons of low income, especially senior
citizens. There is a shortage of safe and sanitary dwelling accommodations
available at rents which persons of low income can afford and such
persons are forced to occupy overcrowded and congested dwelling accommodations;
and the aforesaid conditions constitute a detriment to the health,
safety and welfare of the citizens of the Township of Old Bridge and
impair economic values.
B.
The shortage of safe and sanitary dwellings for persons of low income
cannot be relieved through the operation of private enterprise; and
the construction of housing accommodations for persons of low income,
including senior citizens, by a Housing Authority would not be competitive
with private enterprise.
C.
The clearance, replanning and reconstruction of the areas in which
unsanitary or unsafe housing conditions exist and the providing of
safe and sanitary dwelling accommodations by any public body for persons
of low income are public uses, and purposes for which public money
may be spent and private property acquired are governmental functions.
It is in the public interest that work on projects for such purposes
be commenced as soon as possible in order to relieve the housing shortage.
Pursuant to the provisions of N.J.S.A. 55:14A-1 et seq.,[1] and because of the need for more adequate housing specifically
found therefor, there shall be the Housing Authority of the Township
of Old Bridge, subject to all the rights, powers and duties vested
in and conferred upon it by the terms and provisions of the aforesaid
state statutes.
[1]
Editor's Note: N.J.S.A. 55:14A-1 to 55:14A-4 were repealed
by L. 1992, c. 79, § 59. See now N.J.S.A. 40A:12A-1 et seq.
Pursuant to the provisions of N.J.S.A. 40:55C-1 et seq.,[1] and the Federal Housing Act,[2] authorizing public agencies to redevelop blighted areas,
and because of the need specifically found therefor, the Housing Authority
of the Township of Old Bridge be and the same is hereby designated,
constituted, authorized and empowered to act as the Old Bridge Redevelopment
Agency for the purpose of redeveloping and rehabilitating blighted
areas in the Township of Old Bridge.
