N.J. Admin. Code § 19:31F-1.2
The following words and terms, when used in this subchapter, shall have the following meanings unless the context clearly indicates otherwise:
"Act" means the New Jersey Local Development Financing Fund Act (P.L. 1983, c.190) as amended and supplemented.
"Eligible project" means a project which has been approved by the Authority to receive financial assistance from the Local Development Financing Fund.
"Eligible project costs" means the costs of planning, developing, executing and making operative, an industrial or commercial redevelopment project. Eligible project costs include:
1. The cost of purchasing, leasing, condemning, or otherwise acquiring land or other property, or an interest therein, in the designated project area or as necessary for a right-of-way or other easement to or from the project area;
2. The cost incurred for, or in connection with, or incidental to, acquiring and managing the land, property or interest;
3. The cost incurred for, or in connection with, the relocating and moving of persons displaced by acquisition;
4. The cost of development or redevelopment, including:
i. The comprehensive renovation or rehabilitation of the land, property or interest;
ii. The cost of equipment and fixtures which are part of the real estate, and the cost of production machinery and equipment necessary for the operation of the project;
iii. The cost of energy conservation improvements designed to encourage the efficient use of energy resources, including renewable and alternative energy resources and cogenerating facilities; and
iv. The disposition of land or other property for these purposes.
5. The cost of demolishing, removing, relocating, renovating, altering, constructing, reconstructing, installing or repairing any land or any building, street, highway, alley, utility, service or other structure or improvement;
6. The cost of acquisition, construction, reconstruction, rehabilitation or installation of public facilities and improvements necessary to the project; and
7. The cost incurred or incidental cost including, but not limited to:
i. Administrative, appraisal and economic analysis;
ii. Engineering service;
iii. Planning service;
iv. Design service;
v. Architectural service;
vi. Surveying service; and
vii. Other professional service.
"Financial assistance" means, but is not limited to, loans, loan guarantees, grants, secondary mortgages, and equity participation provided by the fund.
"Fund" means the Local Development Financing Fund.
"Municipality" means a New Jersey municipality qualifying for aid pursuant to the State formula for State aid to municipalities (see 52:27D-178) for services and to offset property taxes.
"Project" means an industrial or commercial enterprise within a municipality that would not be undertaken in its intended scope but for the assistance provided for under the Act and these rules.
"Sponsor" means the governing body of a municipality or, with the approval of the government of the municipality, a local development corporation, community development corporation, municipal port authority (established pursuant to 40:68A-29), or governing body of a county, or, with the approval of the government of a county, a county development corporation or other public entity designated by the Authority as a sponsor.
N.J. Admin. Code § 19:31F-1.2
See: 37 N.J.R. 1714(a), 37 N.J.R. 3058(a).
In "Sponsor" definition, added "(established pursuant to N.J.S.A. 40:68A-29)", and deleted "(see N.J.S.A. 40:68A-29)".