Township of Irvington, NJ
Essex County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Municipal Council of the Township of Irvington 4-21-2016 by Ord. No. MC 3569. Amendments noted where applicable.]
GENERAL REFERENCES
Land use procedures — See Ch. 365.
Subdivision and site plan review — See Ch. 560.
Actions resulting in tax sale, lien sale or assessment for foreclosure — See Ch. 586, Art. III.
Zoning — See Ch. 650.
A. 
Final: $409; $11 per 1,000 square feet of lot area or fraction thereof; $9 per 1,000 square feet of floor area or fraction thereof. Minimum review fee: $427.
B. 
Preliminary: $643; $110 per multifamily dwelling unit.
With the goal of enhancing planning, redevelopment and economic development activities within the Township of Irvington and the intent that such activities further the interests of sustaining and promoting growth and development in the Township, the administration and the Department of Economic Development and Grants Oversight is establishing escrow accounts for fees to defray costs for redevelopment projects and in rem foreclosure proceedings.
Pursuant to N.J.S.A. 40A:12A-8(f) of the Local Redevelopment and Housing Law, potential redevelopers with the Township of Irvington ("Township") shall be required to enter into a redevelopment escrow funding agreement ("funding agreement") to cover the Township's administrative expenses, evaluations, negotiation and approval of agreements, and other costs associated with the implementation and administration of redevelopment projects (collectively "redevelopment project costs and expenses") with the Township.
A. 
This redevelopment funding agreement shall be a prerequisite to all redevelopment agreements with the Township where the cost of the redevelopment project is as described below.
B. 
The funding agreement acknowledges and binds the developer to post an escrow with the Township of Irvington to pay the Township's redevelopment project costs and expenses. This includes, but is not limited to, all legal, engineering and planning costs associated with the redevelopment. The Director of the Township's Revenue and Finance Department will establish an escrow account for the redevelopment project. The escrow deposit will be held by the Township's Revenue and Finance Department, for the Department of Economic Development and Grants Oversight, and disbursed pursuant to a redevelopment funding agreement. The funding agreement shall be initiated, implemented and managed by the Department of Economic Development and Grants Oversight.
C. 
Escrow amounts for redevelopment matters.
(1) 
Potential redevelopers shall be required to make payments to an escrow account to cover the Township's redevelopment project costs and expenses towards the potential redeveloper's project. The initial deposit requirement and, if necessary, the amount to be replenished shall be based on the cost of the potential redeveloper's project as described below:
Cost of Redevelopment Project
Escrow Deposit
$0 to $250,000
$5,000
$250,000 to $500,000
$10,000
$500,000 to $1,000,000
$15,000
Above $1,000,000
$20,000
(2) 
If, depending on the scope of the project, the balance of the escrow deposit has insufficient funds and/or falls below $2,000, the potential redeveloper may be required to replenish the escrow account within 20 days from an agreement reached between the potential redeveloper and the Township's Department of Economic Development and Grants Oversight on the replenish amount based on the remaining work.
A. 
This foreclosure funding agreement shall also be a perquisite for redevelopers and other professionals or persons seeking to have the Township facilitate in rem foreclosure proceedings to foreclosure on properties with Township-owned tax liens and to subsequently transfer title to the property acquired by the Township, after a final judgment of foreclosure extinguishes the underlying tax debt.
B. 
The funding agreement acknowledges and binds the redeveloper and/or professional to post an escrow with the Township of Irvington to pay the Township's foreclosure costs and expenses. This includes, but is not limited to, the Township's administrative expenses, costs of professionals, cost of title search fees, cost of court filing fees and other related expenses associate with the Township initiating and managing in rem foreclosure proceedings. The Director of the Township's Revenue and Finance Department will establish an escrow account for the redevelopment project. The escrow deposit will be held by the Township's Revenue and Finance Department, for the Department of Economic Development and Grants Oversight, and disbursed pursuant to a foreclosure funding agreement. The funding agreement shall be initiated, implemented and managed by the Department of Economic Development and Grants Oversight.
C. 
Escrow amounts for foreclosure expenses and costs.
(1) 
Potential redevelopers shall be required to make payments to an escrow account to cover the Township's redevelopment project costs and expenses towards the potential redeveloper's project. The initial deposit requirement and, if necessary, the amount to be replenished shall be based on the cost of the potential redeveloper's project as described below:
(a) 
Minimum escrow deposit: $2,500.
(b) 
Maximum escrow deposit: $5,000.
(2) 
The escrow deposit listed above is per property. An additional deposit above $2,500 and up to $5,000 may be required if the Township has an increase in filing, title search fees and other related expenses and/or if the matter is contested by the property owner, which will increase the underlying costs of the proceeding.
This chapter shall not confer upon the Township of Irvington any power not otherwise provided by law to determine the legality of any collective bargaining agreement or to regulate any collective bargaining process.