As development of real property continues to increase in both urban and suburban areas in New Jersey, the governmental entities of the development-affected municipalities continue to seek solutions for funding the necessary capital facilities and infrastructure that either accompany such development or are a direct result of the intensity of use created by each individual project.
Tax-paying residents and members of the local administrative boards charged with reviewing project approvals view as logical the approach of having the sponsor of the projects that are generating the need for the improvements pay for them.
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