Notice of Introduction – Ordinance 2026-08

TOWNSHIP OF CHATHAM
NOTICE OF
INTRODUCTION

ORDINANCE 2026-08

I, Gregory J. LaConte, Township Clerk of the Township of Chatham, do hereby certify that the following ordinance was introduced on first reading at a regular meeting held on March 24, 2026 and said ordinance will be submitted for consideration and final passage at a regular meeting to be held on April 28, 2026 at 7:30 p.m., which time any person who may be interested therein will be given an opportunity to be heard concerning said ordinance.

In addition to in person attendance, the Public can access the meeting and participate in the Public Hearing with the following link: https://us02web.zoom.us/j/84306574961

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Dated: March 25, 2026
Gregory J. LaConte 
Township Clerk

ORDINANCE 2026-08

AN ORDINANCE OF THE TOWNSHIP OF CHATHAM, COUNTY OF MORRIS, STATE OF NEW JERSEY, AMENDING THE PROVISIONS FOR THE FUNDING OF OPEN SPACE ACQUISITION

            WHEREAS, the Township Committee of the Township of Chatham wishes to reduce the tax levy for the contribution to the Open Space Reserve as set forth at Chapter 2, Article VIII, Section 2-75, Open Space Trust Fund for the tax year 2026.

            NOW, THEREFORE, BE IT ORDAINED by the Township Committee of the Township of Chatham, County of Morris, State of New Jersey, that the Revised General Ordinances of the Township of Chatham, are amended to provide for modifications to Chapter II, Subsection 2-75.2, Funding of the Reserve for Open Space Acquisition, as follows:

            1.     2-75.2 Funding of the Reserve for Open Space Acquisition.           

            The Reserve for Open Space Acquisition shall be funded through the dedication to the fund of an amount of one and a half ($.015) cent per one hundred ($100.00) dollars of assessed valuation for the tax levy for the year 2026.  The Reserve shall also be permitted to accept donations and testamentary bequests.  The funds accumulated within the Reserve may be utilized for the acquisition of land, easements, or development rights in land within the Township, including use for active and passive recreation, the development and maintenance of municipal properties to be used for active and passive recreation, or as a down payment for the issuance of bonds for the same purposes at the discretion of the Township Committee.  Any and all interest accruing on said funds shall be placed into the Reserve for Open Space Acquisition. Unless the Township Committee takes further action, the annual tax levy for the Reserve for Open Space Acquisition shall return to two ($.02) cents per hundred ($100.00) dollars of assessed valuation commencing with the tax levy for the year 2027.

            2.  All other provisions of Chapter II, Article VIII, Section 2-75, shall remain unchanged.

            3.  This ordinance shall take effect as provided by law.