New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 36 - GREEN ACRES PROGRAM
Subchapter 6 - LOCAL GOVERNMENT UNIT ACQUISITION PROJECTS: APPLICATION PROCESS
Section 7:36-6.3 - At-risk authorization to proceed with acquisition
Current through Register Vol. 56, No. 18, September 16, 2024
(a) For the acquisition to remain eligible for Green Acres funding assistance, a local government unit shall not enter into a purchase contract or institute condemnation proceedings for any parcel within the proposed project site unless it has first received notification of the Green Acres funding award under 7:36-8.1 and notification of eligible land cost under 7:36-8.4, or an at-risk authorization.
(b) Within 14 days of a local government unit's request of an at-risk authorization, Green Acres shall authorize, in writing, the local government unit to proceed with the acquisition of a proposed project site at its own risk.
(c) Within 14 days of receiving the at-risk authorization from Green Acres, the local government unit shall do the following, if it has not already done so:
(d) The Garden State Preservation Trust is not obligated to award funding for the acquisition of any project site for which Green Acres issues an at-risk authorization under (b) above and for which the local government unit submits an application.
(e) A local government unit is not obligated to submit an application under this subchapter or to acquire any project site for which it receives an at-risk authorization under (a) above.
(f) The acquisition of the proposed project site completed under an at-risk authorization must comply with the requirements of this chapter to remain eligible for Green Acres reimbursement.