4:1C-35 - Appraisal of value of donation - New Jersey Statutes

4:1C-35.     Appraisal of value of donation
     If a person wishes to donate all or a portion of the value of the development easement to the board, the value of the donation shall be appraised pursuant to the provisions of section 24 of this act.  This requirement shall apply only if the board is requesting State funds.  In order to qualify for State funds, pursuant to the provisions of this act, the county shall make up the difference between its required share of the total appraised value of the easement and the appraised value of the donation. In the event the value of the donation exceeds the required county share, the amount in excess shall be deducted from the State share.

    L. 1983, c. 32, s. 28; amended 1988,c.4,s.4.
 
4:1C-36  Pinelands area, Highlands Region, farmland preservation.
 
29.Nothing herein contained shall be construed to prohibit the creation of a municipally approved program or other farmland preservation program, the purchase of development easements, or the extension of any other benefit herein provided on land, and to owners thereof, in the Pinelands area, as defined  pursuant to section 3 of P.L.1979, c. 111 (C. 13:18A-3), or in the Highlands Region, as defined in section 3 of P.L.2004, c.120 (C.13:20-3) .

L.1983,c.32,s.29; amended 2004, c.120, s.45.