[HISTORY: Adopted by the Mayor and Council of the Borough of Palisades Park 5-16-2006 by Ord. No. 1471. Amendments noted where applicable.]
Administration of government — See Ch. 4.
The Borough of Palisades Park shall not use the power of eminent domain to take residential property under any circumstances unless it is absolutely necessary to transfer the property for direct public purposes, such as the need for the Borough to construct schools, roads, sewer, water, sidewalks and other public easements which are necessary for the public good of the Borough and where there is no other available land for the specific purpose of making land available for that public use.
In no event, even under the most extraordinary circumstances, shall the Borough attempt to take anyone's property, residential or otherwise, without paying the owner reasonable value of that property.