For the purposes of complying with the provisions of section 1 of P.L. 1989, c.191 (C.32:11E-1.1), the Delaware River and Bay Authority created pursuant to the "Delaware-New Jersey Compact," enacted pursuant to 53 Laws of Delaware, Chapter 145 (17 Del. C.s.1701 et seq.) and P.L. 1961, c.66 (C.32:11E-1 et seq.) with the consent of the Congress of the United States in accordance with Pub.L. 87-678(1962), is authorized, pursuant to the procedures set forth in section 1 of P.L. 1989, c.191 (C.32:11E-1.1), to undertake a project for the acquisition and creation of a corporate/business/industrial park located in Salem County, including the planning, development, financing, construction, operation, maintenance and improvement thereof, which shall be considered a project of the authority as defined pursuant to Article II of the "Delaware-New Jersey Compact," P.L. 1961, c.66, as amended by P.L. 1989, c.192 (C.32:11E-1 et seq.).
N.J.S. § 32:11E-1.8