New Jersey Administrative Code
Title 2 - AGRICULTURE
Chapter 76 - STATE AGRICULTURE DEVELOPMENT COMMITTEE
Subchapter 8 - ACQUISITION OF FARMLAND IN FEE SIMPLE
Section 2:76-8.6 - Committee notification
Universal Citation: NJ Admin Code 2:76-8.6
Current through Register Vol. 56, No. 18, September 16, 2024
(a) An application that receives a "priority" ranking pursuant to 2:76-8.5(b) shall proceed as follows:
1. The Committee shall
consider if it has expended the required minimum funds in that particular county
pursuant to N.J.S.A. 13:8C-38m for the respective fiscal year and available
funds.
2. If a determination pursuant to
(a)1 above is to proceed with the application, the landowner shall be notified in
writing of its application status and requested to enter into a 120-day commitment
letter with the Committee.
3. Upon
execution of the 120-day commitment letter, the application shall proceed to the
appraisal process described pursuant to
2:76-8.7.
(b) An application that receives an "alternate" ranking pursuant to 2:76-8.5(b) shall proceed as follows:
1. The landowner shall be
notified in writing of its application status and informed that no immediate action
shall be taken until such time that the Committee determines the following:
i. There are no "priority" ranked applications
received at least 120-days prior to the end of the fiscal year that have not already
been accepted for processing;
ii. The
Committee has not expended the required minimum funds in that particular county
pursuant to N.J.S.A. 13:8C-38m for the respective fiscal year; and
iii. Consideration of geographic distribution of
funds authorized pursuant to N.J.S.A. 13:8C-38b.
2. The Committee may authorize the execution of
the 120-day commitment letter, provided that the conditions in (b)1 above have been
satisfied.
3. Upon execution of the
120-day commitment letter, the application shall proceed to the appraisal process
described pursuant to N.J.A.C. 2:76-8.7.
(c) An application that receives an "other" ranking pursuant to 2:76-8.5(b) shall proceed as follows:
1. The landowner shall be
notified in writing of its application status and informed that the Committee will
not take action until such time as it determines the following:
i. There are no "priority" or "alternate" ranked
applications received at least 120-days prior to the end of the fiscal year that
have not already been accepted for processing;
ii. The Committee has not expended the required
minimum funds in that particular county pursuant to N.J.S.A. 13:8C-38m for the
respective fiscal year; and
iii. The
acquisition will promote the geographic distribution of funds pursuant to N.J.S.A.
13:8C-38b.
2. The Committee
may proceed to authorize the execution of the 120-day commitment letter, provided
that the conditions in (c)1 above have been satisfied.
3. Upon execution of the 120-day commitment
letter, the application shall proceed to the appraisal process described pursuant to
2:76-8.7.
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