In addition to the application components listed previously, applications for land acquisition and conservation projects must also prepare and submit the following with their application for funding:
1. An evaluation of the land to be acquired, including the water quality basis for the proposed land acquisition that addresses the existing land use patterns, potential threats to water quality, and other existing problems and appropriate documentation demonstrating compliance with the Environmental Assessment Requirements for State Assisted Environmental Infrastructure Facilities, N.J.A.C. 7:22-10;
2. An executed purchase agreement or, in the case of condemnation, evidence of the filing of a declaration of taking for the parcel(s);
3. The appraisal(s) of the parcel(s). For a parcel with an estimated land value of less than $250,000, the local government unit shall obtain at least one appraisal. For a parcel with an estimated land value of $250,000 or more, two appraisals shall be obtained. For easement acquisitions, appraisals shall be submitted that identify the fair market value of the parcel with and without the conservation restriction. Any appraisals required herein shall be prepared by a real estate appraiser licensed by the State's Division of Consumer Affairs to perform such appraisals; and
4. A preliminary assessment report or site investigation report (Phase I) prepared under the Technical Requirements for Site Remediation, N.J.A.C. 7:26E that evaluates the potential contamination of the land to be acquired.
Applications that involve remedial action activities must also prepare and submit the following with their application for funding:
1. Applicant Statement as to whether or not the applicant is currently conducting remediation or otherwise conducting a remediation pursuant to an oversight document.
2. Copies of the applicable DEP approvals issued pursuant to N.J.A.C. 7:26E-6.1(b)1 that identifies remedial actions proposed to be implemented at a contaminated site.
3. For well sealing projects, a description of the project area, the well(s) proposed to be sealed and a certification that the method proposed to be used to seal the well(s) complies with N.J.A.C. 7:9-9D.
3131 Princeton Pike, Building 4 Suite 216
Lawrenceville NJ, 08648 T. 609 219 8600