Paid for by Newark Citizens for Open Space, a project of The Conservation Campaign,
1 Washington Street, Suite 1401H, Newark, New Jersey 07102.
1 Washington Street, Suite 1401H, Newark, New Jersey 07102.
Official Ballot Language:
Municipal Question No. 1.
Open Space and Recreation Trust Fund
Shall the City of Newark create a Municipal Open Space and Recreation Trust Fund, to be funded through an annual levy of one cent per $100.00 of assessed valuation of real property for the purposes of acquiring, developing and maintaining lands for recreation and conservation, including providing safe, clean and accessible parks; repairing and improving existing parks; creating neighborhood playgrounds and playfields for youth sports; and for the payment of any debt service incurred by the City for these purposes, with full public disclosure and review of all expenditures?
INTERPRETIVE STATEMENT
Approving this referendum will authorize the City of Newark to establish a Municipal Open Space and Recreation Trust Fund to acquire develop and maintain lands for conservation and recreation purposes in order to provide safe, clean and accessible parks, neighborhood playgrounds and playfields for youth sports throughout the City. A “yes” vote will permit the City to establish a Municipal Open Space and Recreation Trust Fund and authorize an annual levy of one cent per $100.00 of assessed real property value to fund the purposes above, including debt service on any bonds issued for these purposes. Funds raised by the measure, along with any interest or other income earned on monies deposited into the municipal trust account shall be credited to the fund, and could only be used for these purposes and would be eligible for a greater match through the State Green Acres Program and by other state, county and private sources. Full public disclosure and review of all expenditures would be required.
Municipal Question No. 1.
Open Space and Recreation Trust Fund
Shall the City of Newark create a Municipal Open Space and Recreation Trust Fund, to be funded through an annual levy of one cent per $100.00 of assessed valuation of real property for the purposes of acquiring, developing and maintaining lands for recreation and conservation, including providing safe, clean and accessible parks; repairing and improving existing parks; creating neighborhood playgrounds and playfields for youth sports; and for the payment of any debt service incurred by the City for these purposes, with full public disclosure and review of all expenditures?
INTERPRETIVE STATEMENT
Approving this referendum will authorize the City of Newark to establish a Municipal Open Space and Recreation Trust Fund to acquire develop and maintain lands for conservation and recreation purposes in order to provide safe, clean and accessible parks, neighborhood playgrounds and playfields for youth sports throughout the City. A “yes” vote will permit the City to establish a Municipal Open Space and Recreation Trust Fund and authorize an annual levy of one cent per $100.00 of assessed real property value to fund the purposes above, including debt service on any bonds issued for these purposes. Funds raised by the measure, along with any interest or other income earned on monies deposited into the municipal trust account shall be credited to the fund, and could only be used for these purposes and would be eligible for a greater match through the State Green Acres Program and by other state, county and private sources. Full public disclosure and review of all expenditures would be required.