[Amended 4-4-1998 by Ord. No. 98-11]
A. There is hereby established a reserve in the general capital fund which should be noted and designated as the "Open Space Trust Fund." A separate bank account shall be established and maintained therefor entitled "Hillsborough Open Space Trust Account." As directed by the Township Committee, funds from the Open Space Trust Fund may be utilized to acquire all types of interests in real property including, not by way of limitation, fee simple acquisitions, easements, development rights, or any other lesser interests in real estate which will further the goal of open space acquisition and preservation. The acquisition of land shall mean undeveloped land as well as land containing improvements at the time of acquisition, provided that the principal purpose of the acquisition is to preserve open space. The Township Committee shall have the option of either paying for land acquisitions with improvements upon them solely through the Open Space Trust Fund or by apportioning the cost thereof by charging the Open Space Trust Fund for the land portion and the capital account for the improvement portion. It is understood that such acquisition may occur via gift, purchase or by eminent domain proceedings pursuant to N.J.S.A. 20:3-1 et seq. It is understood that Open Space Trust Fund monies may be contributed along with the funds of other governmental entities for the acquisition of all types of interests in real property where title to same may be placed in another governmental entity other than the Township of Hillsborough, provided that the property is acquired for purposes consistent with that of the Hillsborough Township Open Space Trust Fund as delineated in §
77-3.
[Amended 11-10-1998 by Ord. No. 98-39]
B. Unless Somerset County or State of New Jersey regulations
or policies (i.e., Green Acres Program; State Agriculture Development
Committee) declare otherwise, all land in which development rights
have been acquired from a farmer/property owner by the municipality,
the State of New Jersey or the County of Somerset in which Township
Open Space Funds have been contributed shall be restricted against
any substantial commercial development inconsistent with this chapter.
To this end, impervious surface shall not exceed 5% of the land upon
which development rights have been acquired and commercial ventures
such as (not by way of limitation but rather example), warehousing,
greenhousing, trucking and stockyards in excess of this limitation
of 5% are prohibited. Any contract and/or deed between any of the
above-mentioned governmental entities and the farmer/property owner
shall reflect this condition and restriction. If Somerset County or
State of New Jersey regulation or policy precludes the utilization
of this restriction with respect to a particular acquisition, the
Township Committee shall have the right to either waive this restriction
and proceed with the acquisition or of rescinding their commitment
to such acquisition.
[Amended 12-8-1998 by Ord. No. 98-43; 5-10-2012 by Ord. No. 2011-11]
The applicable tax rate to be applied for the Open Space Trust Fund shall be $0.028 per $100 of assessed value. The Open Space Trust Fund shall also be permitted to accept donations and testamentary bequests. The funds accumulated within the Open Space Trust Fund shall be utilized for the acquisition of real estate and interests in real estate as more fully delineated in §
77-1 hereinabove. In connection with such acquisition, the funds may be utilized for appraisals and other items of expense permitted by law in connection with the acquisition or as a down payment for the issuance of bonds or for debt service for the same purpose at the discretion of the Township Committee. Any and all interest accruing shall remain in the Open Space Trust Fund and may be utilized for the above-described purposes. In no eventuality shall the Township pay more than fair market value for the land to be acquired. The Township shall obtain a minimum of one appraisal from a certified appraiser, plus the appraisal of the Tax Assessor, as a guide to the fair market value.
The land acquired under the Open Space Trust
Fund shall be utilized for all categories of open space including
parks, recreation areas, natural areas, greenways, wild life habitats,
preservation of farmland and such other uses consistent with the concept
of open space.
No real property or interest therein acquired
with these funds from the Open Space Trust Fund shall be sold, conveyed,
leased or otherwise alienated unless it is needed for another public
use or otherwise furthers the purposes of the trust. If such a sale,
lease or conveyance is made, the Township Committee shall be required
to place the monies received into the Open Space Trust Fund; and/or
replace the open space with another property or similar interest in
real estate of equal size and nature. The deed of any property acquired
with funds from the Open Space Trust Fund shall contain a specific
notation reflecting that the property was acquired with funds from
the Open Space Trust Fund.
There is hereby established an Open Space Advisory
Committee to review and recommend parcels of land and interests therein
for acquisition and preservation as open space within the Township
of Hillsborough.
[Amended 12-16-1997 by Ord. No. 97-45; 2-22-2005 by Ord. No. 2005-03; 2-26-2013 by Ord. No. 2013-06]
A. The Open Space Advisory Committee shall consist of
nine members to be appointed by the Township Committee. The membership
in the Open Space Advisory Committee shall include:
(1) One member of the Planning Board of the Township of
Hillsborough.
(2) Eight citizens of the Township of Hillsborough, one
of which shall be a liaison to the Environmental Commission.
B. The member of the Planning Board shall have a term
which corresponds with their term on the Planning Board. The citizen
members of the Open Space Advisory Committee shall serve for three-year
terms. However, the initial term of two of the eight citizen members
shall be for two years.
In the event that no property is acquired or
financed under this chapter for a period of five consecutive years,
then the Township Committee shall conduct a review and issue a report
with recommendations and conclusions concerning the continuation of
the Open Space Trust Fund.