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Municipality May Recoup Fair Share of Capital Costs
Publication year - 1987
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1987.tb02790.x
Subject(s) - loan , supreme court , principal (computer security) , capital (architecture) , business , administration (probate law) , interest rate , finance , actuarial science , economics , law , political science , computer security , geography , archaeology , computer science
The New Jersey Supreme Court has ruled that Sayerville, New Jersey, could require new connectors to their water system to pay a proportionate share of the original construction costs for existing facilities. It also ruled that Eagleswood, New Jersey, could recover a portion of the principal and interest on a Farmers Home Administration loan in its annual rate charges.