17-2348.   Cooperation between municipalities and housing authorities. Any two or more municipalities or authorities may join or cooperate withone another in the exercise either jointly or otherwise of any or all oftheir powers for the purpose of financing, planning, undertaking,constructing or operating a housing project or projects including theissuance of bonds, notes or other obligations and giving security therefor,or contracting with respect to a housing project or projects located withinthe area of operation of any one or more of said municipalities orauthorities. For such purpose a municipality or authority may by resolutionprescribe and authorize any other municipality, or authority, so joining orcooperating with it, to act on its behalf with respect to any or allpowers, as its agent or otherwise, in the name of the municipality orauthority so joining or cooperating, or in its own name.

      History:   L. 1957, ch. 132, § 12; L. 1969, ch. 127,§ 1; L. 1973, ch. 96, § 8; July 1.