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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