[HISTORY: Adopted by the Mayor and Council of the Borough of Cresskill as indicated in article histories. Amendments noted where applicable.]
[Adopted 8-10-2022 by Ord. No. 22-13-1595]
The Cresskill Council adopted Resolution No. 9, which authorized the placement of a public question on the November 4, 2003, General Election Ballot, whereas an affirmative vote would create the Municipal Open Space, Recreation and Farmland and Historic Preservation Trust Fund; and the electorate of Cresskill, New Jersey, approved on November 4, 2003, the creation of the Municipal Open Space, Recreation and Farmland and Historic Preservation Trust Fund; and the ballot question, as approved, permits the Council of Cresskill to raise a sum not to exceed $0.01 per $100 of total municipal real property valuation.
Eighty percent of the funds received by the imposition of this annual tax levy shall be used for the following purposes:
A. 
Acquisition and improvement of lands for recreation and conservation purposes;
B. 
Development of lands acquired for recreation and conservation purposes;
C. 
Capital improvements and maintenance of parcels of municipal land and subsequently acquired lands for recreation and conservation purposes;
D. 
Capital improvements and acquisition of farmland for farmland preservation purposes;
E. 
Historic preservation of historic properties, structures, facilities, sites, areas, or objects, and the acquisition of such properties, structures, facilities, sites, areas, or objects for historic preservation purposes; or
F. 
Payment of debt service on indebtedness issued or incurred by a municipality for any of the purposes set forth in Subsection A, B, D or E of this section.
G. 
The remaining 20% of the taxable funds are to be used for the acquisition and improvement of municipal outdoor recreation/conservation facilities.
A. 
Pursuant to the referendum, Cresskill enacted a Municipal Open Space, Recreation and Farmland and Historic Preservation Trust Fund pursuant to N.J.S.A. 40:12-15.7; and
B. 
The amounts raised by this tax levy shall be deposited into a Municipal Open Space, Recreation and Farmland and Historic Preservation Trust Fund to be used for designated purposes within the municipality and may be disbursed for specific projects pursuant to law; and
C. 
The 2003 Council relied upon Resolution No. 9 and never memorialized the creation of the Municipal Open Space, Recreation and Farmland and Historic Preservation Trust Fund by ordinance. Therefore, this Council does hereby ordain the following, which memorializes the 2003 referendum results.
Council does hereby memorialize the Borough of Cresskill Municipal Open Space, Recreation and Farmland and Historic Preservation Trust Fund and establishes a Trust Fund rate of $0.01 per $100 of total Cresskill real property valuation; and that 80% of the monies shall be used for the acquisition and improvement of land for conservation and recreation purposes, the acquisition of farmland for farmland preservation, capital improvements and maintenance of municipally owned park facilities, and for the acquisition or upgrade of qualified historic preservation facilities, and 20% of the monies shall be used for the acquisition and improvement of municipal outdoor recreation and/or conservation facilities; and that this article codifies all prior adopted resolutions adopted in 2003; and the Council does hereby ratify, from 2003 to the present, all the Municipal Open Space, Recreation and Farmland and Historic Preservation Trust Fund expenditures.
If the provisions of any article, section, subsection, paragraph, subdivision, or clause of this article shall be judged invalid in whole or in part or as applied to any particular circumstance or individual by a court of competent jurisdiction, such order of judgment shall not affect or invalidate the remainder of any article, section, subsection, paragraph, subdivision, or clause of this article.
All ordinances or parts of ordinances inconsistent with the provisions of this article are hereby repealed as to such inconsistencies only.
This article shall take effect immediately upon final passage and publication as required by law.