(Ord. #2013-13 § 1)
As used in this chapter, the following terms shall have the
meanings indicated:
DEPARTMENT
The New Jersey Department of Community Affairs.
OWNER
The holder or holders of title to an abandoned property.
PROPERTY
Any building or structure and the land appurtenant thereto.
PUBLIC OFFICER
The person designated by the Township of Plumsted pursuant to Section
1A-1 of this Chapter or any officer of the Township of Plumsted qualified to carry out the responsibilities set forth in P.L. 2003, c. 210 (N.J.S.A. 55:19-78 et al.)
QUALIFIED REHABILITATION ENTITY
An entity organized or authorized to do business under the
New Jersey statutes, which shall have as one of its purposes the construction
or rehabilitation of residential or nonresidential buildings, the
provision of affordable housing, the restoration of abandoned property,
the revitalization and improvement of urban neighborhoods, or similar
purpose, and which shall be well qualified by virtue of its staff,
professional consultants, financial resources, and prior activities
set forth in P.L. 2003, c. 10 (N.J.S.A. 55:19-78 et al.) to carry
out the rehabilitation of vacant buildings in urban area.
(Ord. #2013-13 § 1)
A complaint filed pursuant to Section 7 of P.L. 2003, c. 210
(N.J.S.A. 55:19-84) shall include:
A. Documentation that the property is on the municipal abandoned property
list or a certification by the public officer that the property is
abandoned; and
B. A statement by an individual holding appropriate professional qualifications
that there are sound reasons that the building should be rehabilitated
rather than demolished based upon the physical, aesthetic or historical
character of the building or the relationship of the building to other
buildings and lands within its immediate vicinity.
(Ord. #2013-13 § 1)
Any petition for reinstatement of the owner's control and possession
of the property filed pursuant to Section 15 of P.L. 2003, c. 210
(N.J.S.A. 55:19-92) shall:
A. Include a plan for completion of the rehabilitation and reuse of
the property consistent with the plan previously approved by the court;
B. Provide legally binding assurances that the owner will comply with
all conditions of any grant or loan secured by the Township of Plumsted
or repay those grants or loans in full, at the discretion of the maker
of the loan or grant; and
C. Be accompanied by payment equal to the sum of:
(1) All Township liens outstanding on the property;
(2) All costs incurred by the Township of Plumsted in bringing action
with respect to the property;
(3) Any costs incurred by the Township of Plumsted not covered by grants
or loans to be assumed or repaid pursuant to this section; and
(4) Any costs remaining to complete rehabilitation and reuse of the property,
as determined by the public officer, which payment shall be placed
in escrow with the Clerk of the Court pending disposition of the petition.
(Ord. #2013-13 § 1)
If the owner fails to petition for the reinstatement of control
and possession of the property within thirty (30) days after the entity
in possession has filed a notice of completion or in any event within
two years after the initial grant of possession, or if the owner fails
to meet any conditions that may be set by the court in granting a
reinstatement petition filed pursuant to Section 15 of P.L. 2003,
c. 210 (N.J.S.A. 55:19-92), upon petition from the entity in possession,
the court may grant the Township of Plumsted title or authorize the
Township of Plumsted to sell the property, subject to the provisions
of Section 19 of P.L. 2003, c. 210 (N.J.S.A. 55:19-96).
(Ord. #2013-13 § 1)
The proceeds paid pursuant to Subsection c of Section 19 of
P.L. 2003, c. 210 (N.J.S.A. 55:19-96) shall be distributed in the
following order of priority:
A. The costs and expenses of sale;
B. Other governmental liens;
C. Repayment of principal and interest on any borrowing or indebtedness
incurred by the Township of Plumsted and granted priority lien status
pursuant to subsection a of Section 21 of P.L. 2003, c. 210 (N.J.S.A.
55:19-98);
D. A reasonable development fee to the Township of Plumsted consistent
with the standards for development fees established for rehabilitation
programs by the New Jersey Department of Community Affairs or the
New Jersey Housing and Mortgage Finance Agency;
E. Other valid liens and security interests, in accordance with their
priority; and
(Ord. #2013-13 § 1)
Notwithstanding any provision to the contrary in P.L. 2003,
c. 210 (N.J.S.A. 55:19-78 et al.), a court may in its discretion deny
a lienholder or mortgage holder any or all rights or remedies afforded
lienholders and mortgage holders under P.L. 2003, c. 210 (N.J.S.A.
55:19-78 et al.), if the court finds that the owner of a property
subject to any of the provisions of P.L. 2003, c. 210 (N.J.S.A. 55:19-78
et al.) owns or controls more than a fifty percent (50%) interest
in, or effective control of, the lienholder or mortgage holder or
that the familial or business relationship between the lienholder
or mortgage holder and the owner precludes a separate interest on
the part of the lienholder or mortgage holder.
(Ord. #2013-13 § 1)
With respect to any lien placed against any real property pursuant
to the provisions of Section 1 or Section 3 of P.L. 1942, c. 112 (N.J.S.A.
40:48-2.3 or N.J.S.A. 40:48-2.5) or Section 1 of P.L. 1989, c. 91
(N.J.S.A. 40:48-2.3a) or any receiver's lien pursuant to P.L. 2003,
c. 295 (N.J.S.A. 2A:42-114 et al.), the Township of Plumsted shall
have recourse with respect to the lien against any asset of the owner
of the property, if an individual; against any asset of any partner,
if a partnership; and against any asset of any owner of a ten percent
(10%) interest or greater, if the owner is any other business organization
or entity recognized pursuant to law.
(Ord. #2013-13 § 1)
The Township of Plumsted may hold special tax sales with respect
to those properties eligible for tax sale pursuant to N.J.S.A. 54:5-19
which are also on an abandoned property list established by the Township
of Plumsted pursuant to Section 36 of P.L. 1996, c. 62 (N.J.S.A. 55:19-55).
If the Township of Plumsted elects to hold a special tax sale, it
shall conduct that sale subject to the following provisions:
A. The Township of Plumsted shall establish criteria for eligibility
to bid on properties at the sale, which may include, but shall not
be limited to: documentation of the bidder's ability to rehabilitate
or otherwise reuse the property consistent with Township plans and
regulations; commitments by the bidder to rehabilitate or otherwise
reuse the property consistent with Township plans and regulations;
commitments by the bidder to take action to foreclose on the tax lien
by a date certain; and such other criteria as the Township of Plumsted
may determine are necessary to ensure that the properties to be sold
will be rehabilitated or otherwise reused in a manner consistent with
the public interest;
B. The Township of Plumsted may establish minimum bid requirements for
a special tax sale that may be less than the full amount of the taxes,
interest and penalties due, the amount of such minimum bid to be at
the sole discretion of the Township of Plumsted, in order to ensure
that the properties to be sold will be rehabilitated or otherwise
reused in a manner consistent with the public interest;
C. The Township of Plumsted may combine properties into bid packages,
and require that bidders place a single bid on each package, and reject
any and all bids on individual properties that have been included
in bid packages;
D. The Township of Plumsted may sell properties subject to provisions that, if the purchaser fails to carry out any commitment that has been set forth as a condition of sale pursuant to Subsection
A of this section or misrepresents any material qualification that has been established as a condition of eligibility to bid pursuant thereto, then the properties and any interest thereto acquired by the purchaser shall revert to the Township of Plumsted, and any amount paid by the purchaser to the Township of Plumsted at the special tax sale shall be forfeit to the Township;
E. In the event there are two (2) or more qualified bidders for any
property or bid package in a special tax sale, the Township of Plumsted
may designate the unsuccessful but qualified bidder whose bid was
closest to the successful bid as an eligible purchaser;
F. In the event that the purchaser of that property or bid package fails
to meet any of the conditions of sale established by the Township
of Plumsted pursuant to this section, and their interest in the property
or properties reverts to the Township of Plumsted, the Township of
Plumsted may subsequently designate the entity previously designated
as an eligible purchaser as the winning bidder for the property or
properties, and assign the tax sale certificates to that entity on
the basis of that entity's bid at the special tax sale, subject to
the terms and conditions of the special tax sale.
G. The Township of Plumsted shall provide notice of a special tax sale pursuant to N.J.S.A. 54:5-26. The notice shall include any special terms of sale established by the Township of Plumsted pursuant to Subsection
B,
C or
D of this section. Nothing shall prohibit the Township of Plumsted from holding a special tax sale on the same day as a standard or accelerated tax sale.
(Ord. #2013-13 § 1)
With respect to any eminent domain proceeding carried out under
Section 37 of P.L. 1996, c. 62 (N.J.S.A. 55:19-56), the fair market
value of the property shall be established on the basis of an analysis
which determines independently:
A. The cost to rehabilitate and reuse the property for such purpose
as is appropriate under existing planning and zoning regulations governing
its reuse or to demolish the existing property and construct a new
building on the site, including all costs ancillary to rehabilitation
such as, but not limited to, marketing and legal costs;
B. The realistic market value of the reused property after rehabilitation
or new construction, taking into account the market conditions particular
to the neighborhood or subarea of the Township of Plumsted in which
the property is located; and
C. The extent to which the cost exceeds or does not exceed the market
value after rehabilitation, or demolition and new construction, and
the extent to which any "as is" value of the property prior to rehabilitation
can be added to the cost of rehabilitation or demolition and new construction
without the resulting combined cost exceeding the market value as
separately determined. If the appraisal finds that the cost of rehabilitation
or demolition and new construction, as appropriate, exceeds the realistic
market value after rehabilitation or demolition and new construction,
there shall be a rebuttable presumption in all proceedings under this
subsection that the fair market value of the abandoned property is
zero, and that no compensation is due the owner.
(Ord. #2013-13 § 1)
If a property, which an entity other than the Township of Plumsted
has purchased or taken assignment from the Township of Plumsted of
a tax sale certificate, is placed on the abandoned property list,
the property shall be removed from the list if the owner of the certificate
pays all Township taxes and liens due on the property within thirty
(30) days after the property is placed on the list; provided, however,
that if the owner of the certificate fails to initiate foreclosure
proceedings within six months after the property was first placed
on the list, the property shall be restored to the abandoned property
list.