N.J. Admin. Code § 2:76-6.9

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

Section 2:76-6.9 - Landowner offer

(a) Within 45 days of the Committee's certification of the fair market value of the development easement, the board shall forward the value to the landowner and the landowner shall submit an asking price to the Committee.

(b) The landowner asking price shall contain information required by the Committee.

(c) The landowner asking price shall be submitted as a sealed confidential offer on or before a uniform date and time to be set by the Committee.

1. The Committee shall not accept any offer submitted after the time and date prescribed by the Committee or any offer which does not contain the information required by the Committee.

(d) The Committee shall publicly open all of the confidential landowner offers at a time and date prescribed by the Committee and published pursuant to the "Open Public Meeting Act".

(e) The Committee shall forward the landowner offers to the respective boards.

N.J. Admin. Code § 2:76-6.9

Amended by R.1988 d.435, effective 9/6/1988.
See: 20 New Jersey Register 1319(a), 20 New Jersey Register 2254(b).
(a): Grants to the Board raised from no more than 50 percent to 80 percent; added development easement.
Amended by R.1988 d.493, effective 10/17/1988.
See: 20 New Jersey Register 1503(a), 20 New Jersey Register 2565(a).
(b)-(d) substantially amended.
Amended by R.1989 d.49, effective 1/17/1989.
See: 20 New Jersey Register 1761(a), 21 New Jersey Register 158(a).
Added (a)1.
Amended by R.1990 d.529, effective 11/5/1990.
See: 22 New Jersey Register 1244(a), 22 New Jersey Register 3359(a).
Established 30 day time frame in which to agree on landowner asking price.
Repeal and New Rule, R.1993 d.392, effective 8/2/1993.
See: 25 New Jersey Register 1804(d), 25 New Jersey Register 3453(e).
Section was "Final board review."
Amended by R.1995 d.613, effective 12/4/1995.
See: 27 New Jersey Register 13(a), 27 New Jersey Register 4875(a).