Statutes, codes, and regulations
New Jersey Administrative Code
Title 2 - AGRICULTUREChapter 77 - TRANSFER OF DEVELOPMENT RIGHTS
Subchapter 3 - STANDARDS FOR BOARD'S PURCHASE OF DEVELOPMENT POTENTIAL, ISSUANCE OF MATCHING FUNDS FOR PURCHASE OF DEVELOPMENT POTENTIAL, AND GUARANTEE OF LOANS
Section 2:77-3.3 - Notification to municipality

N.J. Admin. Code § 2:77-3.3

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Current through Register Vol. 56, No. 24, December 18, 2024
Section 2:77-3.3 - Notification to municipality

If the Board finds that the ordinance is viable, it shall inform the municipality that development potential within its jurisdiction may be eligible to be transferred to the Board. If the Board finds that the ordinance is not viable, it shall inform the municipality of the deficiencies, which must be corrected before the Board shall accept applications for the purchase of development potential, and issuance of loan guarantees.

N.J. Admin. Code § 2:77-3.3