40:67-28.Ā  Assessment for benefits;Ā  bonds and improvement certificates
Any municipality entering into such a contract may assess all or part of theĀ  cost to be borne by the municipality upon the real estate benefited by theĀ  improvement, in the same manner as assessments for benefits for local improvements in such municipality, and the same authorization and hearing to all persons interested shall be required as in the case of local improvements.

The municipality may issue its bonds and bond anticipation notes to financeĀ  the improvement.