[Added 9-9-2020 by Ord. No. 810-2020]
There is hereby created in the Borough a non-lapsing fund to the known as the "Environmental Trust Fund of the Borough of Avalon" for such purposes as hereinafter specified.
[Added 9-9-2020 by Ord. No. 810-2020]
The Borough Council hereby declares it to be the public policy of the Borough of Avalon to undertake any and all measures deemed reasonable to protect the unique environmental conditions which exist within the Borough and in furtherance of such policy does hereby make the following factual findings:
a. 
Section 40A:4-39 of the New Jersey Statutes authorizes a municipality to dedicate certain revenues to a specific purpose and to establish a non-lapsing trust fund subject to the express approval of the Director of the Division of Local Government Services.
b. 
Section 40A:5-29 of the New Jersey Statutes provides that any local unit (municipality) is authorized and empowered to accept bequests, legacies and gifts made to it and is empowered to utilize such bequests, legacies and gifts in the manner set forth in the conditions of the bequest, legacy or gift, provided, however, that such bequest, legacy or gift shall not be put to any use which is inconsistent with the laws of this state and of the United States.
c. 
From time to time the Borough is the recipient of funds intended for general environmental purposes or projects without specifying any particular project. These funds may originate from any of the following sources:
1. 
Builders, developers, owners, tenants, or other parties in interest who are required, pursuant to one or more development permit(s) issued by the New Jersey Department of Environmental Protection, to contribute either a specific sum of money, or a sum capable of calculation, to the Borough to be used for environmental purposes.
2. 
Gifts, bequests, legacies, or contributions from any person or entity in cash, securities, real or personal property or other thing of value.
3. 
Grants from the federal government or any agency thereof or from the state or county governments or any agencies thereof; provided, however, that such funds shall be used exclusively for the specific purpose specified in the grant.
4. 
From any other source approved by the Borough Council.
5. 
Through a municipal budget appropriation by Borough Council subject to the provisions of § 24-5 hereof.
d. 
Through the establishment of an Environmental Trust Fund, all funds received, from whatever source, and extending over one or more budget or fiscal years, can be accumulated into a non-lapsing trust fund to pay for environmental projects or to contribute to the cost thereof.
[Added 9-9-2020 by Ord. No. 810-2020]
a. 
The Borough Department of Revenue and Finance under the direction of the Chief Financial Officer shall maintain a registry which shall disclose the name or names of the party contributing funds; the reason(s) for the contribution, if required; whether the purpose is general or specific in nature; the date or dates when funds were received; and the deadline, if any, by which such funds must be utilized either by commitment to a particular project or projects or actually expended. Such registry shall contain such further and additional information as Borough Council, or the Chief Financial Officer may require.
b. 
The Borough reserves the right to reject any contribution to the Environmental Trust Fund, from any source whatever, whenever Borough Council should determine that the acceptance of such contribution is not in the best interest of the Borough or when the contribution is subject to terms and conditions which the Borough deems unacceptable or overly onerous or burdensome or which the Borough concludes cannot be carried out.
[Added 9-9-2020 by Ord. No. 810-2020]
a. 
All sums deposited into the Environmental Trust Fund shall be held and administered by the Chief Financial Officer of the Borough, including the investment thereof, and shall be audited in accordance with the Local Fiscal Affairs Law of New Jersey (N.J.S.A. 40A:5-1 et seq.) and the Local Budget Law of New Jersey (N.J.S.A. 40A:4-1 et seq.). Such audit shall also include such information and tests as may be specified or required by the terms of any such federal, state, or county grant or other granting agencies or organizations.
b. 
No funds shall be expended from such Environmental Trust Fund except upon the adoption of a resolution by the Borough Council.
c. 
The Environmental Trust Fund may be used to pay, in whole or in part, the cost of any environmental project that is determined by Borough Council to protect or enhance the ecology or environment of the Borough including, but not limited to:
1. 
The protection, preservation, and enhancement of the beach and dunes;
2. 
To protect, preserve and enhance natural habitats for birds, fish and other species;
3. 
To protect, preserve and enhance sensitive environmental areas within the Borough such as the maritime forest and wetlands;
4. 
To provide increased access to the beach and bay;
5. 
To provide and promote water-related recreational activities;
6. 
Projects directed toward nature-based resiliency;
7. 
Educational activities designed to increase public awareness of environmental issues and concerns; and
8. 
Other projects of the same or similar nature.
d. 
No funds shall be approved for expenditure for any project that would violate the terms of the Beach Management Plan (BMP) or the Municipal Public Access Plan (MPAP) or the terms of any state aid agreement or other similar agreement or any municipal ordinance or any state or federal laws or regulations.
[Added 9-9-2020 by Ord. No. 810-2020]
Nothing contained in this chapter shall be construed as either requiring or prohibiting any appropriation of municipal funds into the Environmental Trust Fund. Any such appropriation of municipal funds in any given budget year shall be entirely within the discretion of the Borough Council.
[Added 9-9-2020 by Ord. No. 810-2020]
Borough Council may from time to time, by resolution, make rules and regulations which interpret or amplify any provision of this chapter or any of the provisions thereof, for the purpose of administering the same or making the enforcement thereof more effective.
[Added 9-9-2020 by Ord. No. 810-2020]
a. 
Concurrently with the final adoption of this chapter, Borough Council shall adopt a resolution, substantially in conformity with that appearing in Exhibit "A" attached, and the following procedure shall apply.[1]
[1]
Editor's Note: Exhibit "A" is on file in the Borough offices.
b. 
The Chief Financial Officer and the Borough Clerk shall cause two certified copies of this chapter together with two certified copies of the resolution referred to above with the Director of the Division of Local Government Services requesting permission of the Division to create a dedication by rider for the purpose stated herein.
c. 
All Borough Officials and Officers are hereby authorized and directed to perform any act or action which may be required or reasonably necessary to effectuate the intent and purpose of this chapter.