LAND PRESERVATION
Strategic and
Financial Plan for Land Acquisition
This
is the development of an overall plan for land preservation and
acquisition in your municipality.
It is your blueprint or “game plan” for land acquisition.
It demonstrates that you have determined not only what land you
want, but more importantly, how you will preserve and acquire it for your
purpose.
It requires knowledge of the funding available in New Jersey and
what ground rules and conditions the County and State loan and grant
programs have attached to those funds.
It considers all your revenue sources and which funding is best
suited for which acquisition.
At the same time, it helps ensure that your Trust Funds (if any)
and bonding capacity is used in an economically responsible manner.
The
development of such a plan helps to ensure that your financial
capabilities are there when desirable properties become available for
acquisition. It enables you
to compete with the real estate developers who also have their sights on
the same property.
With
a Financial and Strategic Plan, you give your municipality the best chance
to obtain the land you need and want, when it is wanted.
Our fee for this
task is an appropriate charge to Open Space Trust Funds.
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