Township of
Livingston, NJ
357 South Livingston Ave.
Livingston, NJ 07039-3994
Phone (973) 992-5000
Fax (973) 535-7967

 
 

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Old Force HomesteadLIVINGSTON OPEN SPACE TRUST COMMITTEE (LOSTC)

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MUNICIPAL QUESTION

Should the Township of Livingston establish a Municipal Open Space, Recreation, and Farmland and Historic Preservation Trust Fund, pursuant to N.J.S.A. 40:12-15.1 et seq., for any or all of the following purposes, or any combinations thereof, as shall be determined by the Township Council:

(a) acquisition of lands for conservation and recreation purposes;
(b) development of lands acquired for conservation and recreation purposes;
(c) maintenance of lands acquired for conservation and recreation purposes;
(d) 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
(e) payment of debt service on indebtedness issued or incurred by the Township of Livingston for any of the purposes set forth above except (c);

with funding of the trust fund to be through the collection of an additional local property tax at an annual rate not to exceed $0.03 per $100.00 of assessed valuation?

INTERPRETIVE STATEMENT

This non-binding referendum would indicate to the Township Council whether the voters support or oppose a real estate tax levy for the specific purpose of acquiring and/or preserving parkland, green spaces, or historic properties for public purposes of recreation, conservation or preservation. The levy would be established at an annual rate not to exceed three cents (3¢) per $100.00 of assessed valuation. All receipts would go into a trust fund to be utilized only for the purposes stated in the ordinance establishing the fund. Imposed upon all classes of assessed property, the levy would produce an estimated $272,579 per. year. As an example: the average residential property in Livingston is assessed at $77,405 and, at the rate of 3¢, would bear an additional tax of $23.22 per year.