{"data":{"id":"us-nj/n.j.-stat.-34-1b-193","jurisdiction":"us-nj","citation":"N.J. Stat. § 34:1B-193","heading":"Establishment of a sports and entertainment district.","body":"4.\tThe governing body of any eligible municipality may, by ordinance, establish a sports and entertainment district in order to encourage and promote the development of a project within the district.  A sports and entertainment district shall consist of an area of the municipality designated in a project plan prepared by the developer.  The project plan shall be approved by municipal ordinance, duly adopted by the governing body.\nThe ordinance shall include or incorporate:\na.\ta description of the proposed project, the anticipated period of construction, and a description and map of the proposed sports and entertainment district;\nb.\tan estimate of the amount of  tax revenues that are anticipated to be generated annually within the sports and entertainment district for that period of time covered by the project plan and an estimate of those revenues to be allocated to the project;\nc.\tan assessment of the economic benefits of the project, including a projection of the value of private investment that is anticipated to  be generated, directly or indirectly, in the sports and entertainment district as a result of the undertaking of the project or other proposed development within the sports and entertainment district;\nd.\tdocumentation as to the necessary approvals relating to the project;\ne.\tdemonstration that at least $20 million in private investment has been committed to the project; and\nf.\tdocumentation that the district has been identified in the appropriate plan.\nL.2007, c.30,s.4.","path":["TITLE 34 LABOR AND WORKMEN'S COMPENSATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"7556c680cc87481a37dc45185e306346e74795625f8079394f16e812f8a6ebb6","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-34-1b-192","next":"us-nj/n.j.-stat.-34-1b-194"},"notice":"GroundRules: Original legal text. Not legal advice."}