N.J. Admin. Code § 2:76-17.3

Current through Register Vol. 56, No. 12, June 17, 2024

Section 2:76-17.3 - Prerequisites for grant eligibility

(a) A county seeking to establish its eligibility for a grant under this subchapter shall establish or develop the following:

1. A board that shall serve as the agricultural advisory committee;

2. A comprehensive farmland preservation plan; and

3. A dedicated source of funding for farmland preservation pursuant to P.L. 1997, c. 24 (40:12-15.1 et seq.), or an alternative means of funding for farmland preservation, including, but not limited to:

i. A dedicated tax pursuant to P.L. 1997, c. 24 (40:12-15 );

ii. Repeated, continuing annual appropriations; or

iii. Repeated issuance of bonded indebtedness.

(b) The Committee may determine that a funding source other than those identified in (a)3 above, is, in effect, a dedicated source of funding based upon a demonstrated commitment to farmland preservation by the county.

N.J. Admin. Code § 2:76-17.3

Amended by 52 N.J.R. 1549(a), effective 8/3/2020