40:37-146.2 - Sale of real estate separated by highway construction from main park; option to purchase by political entities - New Jersey Statutes

40:37-146.2.  Sale of real estate separated by highway construction from main park;  option to purchase by political entities
    Whenever a tract of land not exceeding 2 acres and comprised within the established limits of any one county park under the supervision and control of a county park commission operating under sections 40:37-96 to 40:37-174, inclusive, of the Revised Statutes shall have been separated from the main body  of such park as a result of the construction of a county or state highway, it  shall be lawful for such county park commission upon its determination that  such tract is no longer adaptable to park use by reason of such separation from  the main body of the park, to sell the same by public sale to the highest  bidder after public advertisement thereof in a newspaper circulating in the  county, provided, however, that the State of New Jersey, the county in which  such tract of land is situated, and the municipality in which such tract of  land is situated shall be given the option of purchasing such tract of land for  a sum equal to the highest bid, which option must be exercised in writing  delivered to the county park commission within 20 days after the county park  commission mails notice of the sale and amount of the highest bid to the  aforesaid governmental entities.  In the event that more than one governmental  entity elects to exercise the option granted hereunder, the county park  commission shall have the right to decide to which governmental entity the land  shall be sold.

     L.1971, c. 306, s. 1, eff. Sept. 2, 1971.