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B.P.U.M. Dev. Urb. Renewal v. Camden

Tax Court of New Jersey
May 1, 1989
11 N.J. Tax 95 (Tax 1989)

Opinion

Submitted April 12, 1989.

Decided May 1, 1989.

On appeal from the Tax Court.

Harvey C. Johnson, attorney for appellant B.P.U.M. Development and Urban Renewal Corporation ( David E. Mapp, on the brief).

Patricia A. Darden, attorney for appellant City of Camden ( Marcia R. Steinbock, on the brief).

Peter N. Perretti, Jr., Attorney General, attorney for respondent ( Harry Haushalter, Deputy Attorney General, on the brief).

Wiley, Malehorn and Sirota, attorneys for Town of Morristown, amicus curiae ( Robert Goldsmith and Robert G. Lavitt, on the brief; Robert Goldsmith, of counsel).

Before Judges GAULKIN and ARNOLD M. STEIN.


Substantially for the reasons expressed in his opinion reported at 9 N.J. Tax. 490 (1988), we conclude that Judge Lario correctly held (1) that both the Urban Renewal Law (N.J.S.A. 40:55C-40 et seq.) and the Tax Abatement Law (N.J.S.A. 54:4-3.95 et seq.) require "the acceptance and execution of appropriate agreements as a precondition for an eligible project to receive tax abatement" and (2) that "there exists no equitable reason to waive the statutory prerequisites." B.P.U.M. Dev. Urb. Renewal v. Camden, 9 N.J. Tax. at 502-503 , 507.

The judgment is accordingly affirmed.


Summaries of

B.P.U.M. Dev. Urb. Renewal v. Camden

Tax Court of New Jersey
May 1, 1989
11 N.J. Tax 95 (Tax 1989)
Case details for

B.P.U.M. Dev. Urb. Renewal v. Camden

Case Details

Full title:B.P.U.M. DEVELOPMENT AND URBAN RENEWAL CORPORATION, PLAINTIFF-APPELLANT…

Court:Tax Court of New Jersey

Date published: May 1, 1989

Citations

11 N.J. Tax 95 (Tax 1989)

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