Title
Dept/ Agency: Economic & Housing Development
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Request for a binding referendum question on the
(November 3, 2015) Election ballot
Purpose: Amendment of the Municipal Open Space and Recreation Trust Fund to increase the annual levy from one ($0.01) cent per one hundred ($100.00) dollars to three ($0.03) cents per one hundred ($100.00) dollars, the increase of which shall be specifically for the expansion of the Newark Riverfront Park
Sponsor
Additional Information:
body
WHEREAS, N.J.S.A. 40:12-15.7 authorizes the governing body of any New Jersey municipality to submit to the voters of the municipality in a general election a proposition question authorizing the imposition of an annual levy for an amount or at a rate deemed appropriate for the following purposes:
(a) acquisition of lands for recreation and conservation purposes;
(b) development of lands acquired for recreation and conservation purposes;
(c) maintenance of lands acquired for recreation and conservation purposes;
(d) acquisition of farmland for farmland preservation purposes;
(e) historic preservation of historic properties, structures, facilities, sites, areas, or objects, and the acquisition of such properties, structures, facilities, sites, areas, or objects for historic preservation purposes;
(f) payment of debt service on indebtedness issued or incurred by a municipality for any of the purposes set forth in subparagraphs (a), (b), (d), (e) or (g) of this paragraph; or
(g) Blue Acres projects;
WHEREAS, all twenty-one counties and over two-hundred municipalities in New Jersey have established voter-approved open space trust funds for one or more of these purposes;
WHEREAS, on November 5, 2013, the voters of the City of Newark approved the establishment of an Open Space and Recreational Trust Fund tax at a rate of one ...
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