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Borough of Kinnelon, NJ
Morris County
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Table of Contents
Table of Contents
Code
New Laws (4) Index Notes (1)
[HISTORY: Adopted by the Mayor and Council of the Borough of Kinnelon 12-19-2002 by Ord. No. 21-2002. Amendments noted where applicable.]
GENERAL REFERENCES
Environmental Commission — See Ch. 29.
Historical Commission — See Ch. 41.
Land use procedures — See Ch. 47.
Subdivision of land and site plans — See Ch. 176.
Zoning — See Ch. 207.
As a result of the approval by the voters of a proposition to establish the same, there is hereby created and established a fund known as the Municipal Open Space, Recreation, and Farmland and Historic Preservation Trust Fund.
Municipal Open Space, Recreation, and Farmland and Historic Preservation Trust Fund shall be funded through the imposition and collection of a tax not to exceed $0.02 per $100 of assessed valuation.
The Trust Fund shall be utilized for any and all of the following purposes:
A. 
Acquisition of lands for recreation and conservation purposes;
B. 
Development of lands acquired for recreation and conservation purposes;
C. 
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
D. 
Payment of debt service on indebtedness issued or incurred by the Borough of Kinnelon for any of the purposes set forth in Subsections A, B, and C above.
The amount or rate of the annual levy will be subdivided into the various respective purposes specified above by the governing body of the Borough of Kinnelon after the conducting of at least one public hearing thereon.
Lands acquired by the Borough of Kinnelon using revenue raised pursuant to this tax authorization shall be held in trust and shall be used exclusively for the purposes authorized by N.J.S.A. 40:12-15.1 et seq.
The Municipal Open Space, Recreation, and Farmland and Historic Preservation Trust Fund shall be administered in accordance with the applicable statutory provisions including, without limitation, N.J.S.A. 40:12-15.1 et seq.