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Bad Credit Credit Creditres The Atlantic County Board of Chosen Freeholders renewed the county's 2-cent open-space tax program for another year on Tuesday.

Warren County voters approved an open space referendum Tuesday that will allow the freeholders to raise the open space tax an additional 2 cents. The freeholder board will make the decision on raising the tax, which is now 4 cents per $100 of assessed value. If the addition is adopted in January, the tax will be 6 cents per $100, or $60 for a home assessed at $100, 000. Both freeholder candidates supported the referendum, but neither campaigned actively for the ballot question.

Bad Consolidation Credit Debt Unlike last year, all the open-space tax money collected in 2003 will be dedicated to open-space purchases.

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Bad Company Credit Repair For the past several years, the county has dedicated half of the revenue raised for open-space acquisition. The rest was dedicated primarily to "enhancements" - upgrades of existing parks and public properties in municipalities with little open space to buy.

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Bad Card Credit Credit County officials said the change is caused by the need to preserve land to offset the quickening pace of development.

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Bad Car Credit Loan "It's giving us the opportunity to buy land ... and preserve it for our grandchildren," Atlantic County Freeholder Frank Finnerty said.

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Bad Credit Loan Mortgage Atlantic County Freeholder James Curcio represents the 5th District, which includes much rural and agricultural land in western Atlantic County.

Auto Bad Credit Loan Curcio said he hopes some of the county's open-space tax money will be used to buy farmland development rights. That would ease the pressure on farmers to sell their land to developers, he said.

Bad Credit Mortgage Refinance "Once that land goes into development, there's going to be no way to restore it to farmland," Curcio said.

Bad Credit Refinance Almost 7,000 acres of county farmland scattered primarily throughout the western end of the county are being considered for preservation under a state program that offers farmers compensation for their lands' development rights. The purchase of those rights under the Garden State Preservation Trust Fund essentially prohibits development and limits the land use for farming.

Bad Credit Mortgage Second The program went into effect in 1999, but its benefits are just now being realized.

Bad Credit Loan Student Development rights for about 2,000 acres of county farmland already have been secured at a cost of around $6.3 million in state funds.

Bad Card Credit The second round of the program - for more than 3,500 acres of farmland in the county - also comes with a significant price tag. It requires a mix of state and county funds that could total about $7 million from the state and $2.1 million from the county. That assumes all the farmers who applied to the program get their applications approved, and farmers agree to the purchase price assigned to their development rights.

Bad Credit Financing County officials said their open-space tax money could be put toward that $2.1 million figure.

Bad Credit Home Loan Mortgage County officials also said they intend to become more aggressive in buying open space. The county added 500 acres of open space in Galloway and Egg Harbor townships last year, and plans to buy at least 500 more acres this year.

Bad Credit Loan People The county revamped its open-space program in 1998. That allows tax money to be used for buying land, developing land bought for recreation and conservation, buying farmland for preservation, preserving historical sites, and paying debt service for any of those projects.

Bad Card Credit Credit People Freeholders called the system a "compromise" that helps municipalities in which open space can be bought, and municipalities were there is either no open space available or the cost of open space is very expensive.

Bad Credit Guaranteed Loan That part of the open space program will be put on hold, at least for this year, county officials said.

Bad Credit Refinancing By Thomas Barlas
The Press of Atlantic City - 3/19/2003

Topic: Less Sprawl

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