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1 MEPT JOURNAL SQUARE URBAN RENEWAL, LLC, MEPT JOURNAL SQUARE TOWER NORTH URBAN RENEWAL, LLC, and MEPT JOURNAL -- rank: 1000

... Share, the Legislature decisively distinguished LTTEL trust fund contributions under N.J.S.A. 40A:12A-4.1, from a municipality's right to impose and collect development ... residential construction or both, at the discretion of the municipality. [ N.J.S.A. 40A:12A-4.1 (emphasis added).] Thus, in sharp contrast to the Prepayment Agreements ... of receiving a tax exemption under the LTTEL. Furthermore, as N.J.S.A. 40A:12A-4.1 makes clear, the municipality 26 A-2281-16T4 may impose ... a redeveloper's contributions to the municipal AHTF pursuant to N.J.S.A. 40A:12A-4.1. Finally, we affirm the Law Division's order denying the ... contribution plaintiffs made to the City's AHTF pursuant to N.J.S.A. 40A:12A-4.1 of the Local Redevelopment and Housing Law, as applied in ...

docket:	a2281-16
court:	NJ Superior Court Appellate Division
decided:	2018-08-09
status:
citation:	455 N.J.Super. 608 190 A.3d 1113
Document Size:	53994