New Jersey Administrative Code
Title 2 - AGRICULTURE
Chapter 76 - STATE AGRICULTURE DEVELOPMENT COMMITTEE
Subchapter 17 - COUNTY PLANNING INCENTIVE GRANTS
Section 2:76-17.14 - Final committee review
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The Committee shall review all requests for funding for the purchase of a development easement on an eligible farm approved by the county for compliance with all applicable statutes, rules and regulations and policies.
(b) The Committee's cost share for the purchase of the development easement shall be consistent with the provisions of 2:76-6.1 1(d).
(c) The Committee shall approve a cost share grant for any farm that qualified for final approval and for which there are sufficient funds available in the county's base grant.
(d) In the event that there are insufficient funds available in a county's base grant to acquire a development easement on the farm(s) being submitted for final approval by any board, the board may request additional funding from the competitive grant fund.
(e) The Committee shall establish a priority ranking that will prioritize applications for grants from the competitive grant fund based on the number of cumulative points awarded according to the following criteria, subject to a county's maximum funding eligibility and available funding:
Density ratio | |
90 to 100 percent | 50 points |
80 to <90 percent | 40 points |
60 to <80 percent | 30 points |
40 to <60 percent | 20 points |
20 to <40 percent | 10 points |
<20 percent | 0 points |
Soil productivity ratio | |
90 to 100 percent | 50 points |
80 to <90 percent | 40 points |
60 to <80 percent | 30 points |
40 to <60 percent | 20 points |
20 to <40 percent | 10 points |
<20 percent | 0 points |
Distance | |
Contiguous | 50 points |
<500 feet | 40 points |
500 to 1000 feet | 30 points |
>1000 to 2500 feet | 20 points |
>2500 to 5000 feet | 10 points |
>5000 feet | 0 points |
nonagricultural development value | - | agricultural value | - | landowner's asking price | ||
-------------------------------------------------------- | = | Formula Index | ||||
nonagricultural development value | - | agricultural value | ||||
Formula Index 200 = Total points |
(f) If further prioritization is necessary, the Committee shall give funding priority to those farms that utilize option agreements, installment purchases, donations, or other methods for the purpose of leveraging monies made available by the Garden State Preservation Trust Act, P.L. 1999, c. 152 (N. J.S.A. 13:8C-1et seq.), the Preserve New Jersey Act, P.L. 2016, c. 12 (N.J.S.A. 13:8C-43), or by any appropriation to the Committee for farmland preservation purposes.
(g) In the event that the approval requires a schedule of installment payments, the Committee shall enter into an agreement for the provision of grant funds with the county subject to the following:
(h) The Committee shall inform the board of its decision.
(i) The Committee shall post on its website the status of available funds following the Committee's actions.