N.J. Stat. § 40:34A-3: Limitation on period of usefulness

The period of usefulness of every off-street parking facility for any purpose under the local bond law, whether with respect to original acquisition or construction or subsequent reconstruction, enlargement, alteration, improvement, furnishing, or equipment shall be not greater than 30 years.

L.1972, c. 83, s. 3, eff. July 10, 1972.