40:37-101.5 - Assessor's certificate that value of lands acquired exceeds 35% value of ratables - New Jersey Statutes

40:37-101.5.  Assessor's certificate that value of lands acquired exceeds 35% value of ratables
    The assessor of any municipality, in which any such park commissioners shall  have acquired lands exceeding in area thirty-five per centum (35%) of the total  area of the municipality, shall file with the county board of taxation, in each  year, with his assessment list, a certificate that the area of the land,  acquired by such park commissioners in such municipality, exceeds in the  aggregate thirty-five per centum (35%) of the total area of the municipality,  briefly describing the same and stating the value of the lands acquired in  excess of such percentage of the total area of the municipality, with any  buildings and improvements thereon, at the time they, or the respective parcels  thereof, were acquired.

     L.1947, c. 382, p. 1216, s. 2.  Amended by L.1948, c. 271, p. 1166, s. 3, eff.  July 27, 1948.