Application For Real Property Tax Exemption For Certain Contaminated Real Property {EOZ-1}

E.O.Z. - 1 (May, 1996) New Jersey Division of Taxation APPLICATION FOR REAL PROPERTY TAX EXEMPTION FOR CERTAIN CONTAMINATED REAL PROPERTY ENVIRONMENTAL OPPORTUNITY ZONE ACT CHAPTER 413, PUBLIC LAWS 1995 (C.54:4-3.150 et seq. and C.58:10B-6) PLEASE REVIEW INFORMATION ON REVERSE SIDE (1) Municipality ________________________ (2) County ___________________________ (File application with assessor where property is located) ____________________________________________________________________________ Address of "Qualified Real Property" Property's Block(s) & Lot(s) ___________________________________________________ _____________________________ (6) __________________________________ Owner's Name Mailing Address ____________________________________________________________________________ Municipal Ordinance No. ___________ (8) Date Adopted ______________________ (No. of ordinance and date adopted designating property as "Environmental Opportunity Zone") Present Use of Property _______________________________________________________ (3) (4) (5) (7) (9) APPLICANT NOT TO WRITE BELOW THIS LINE ============================================================================= ASSESSED VALUE OF PROPERTY: ____________ (Land ____________ Improvements ___________) (Assessment at time of assessor's approval used to determine payments in lieu of real property taxes) THIS APPLICATION IS: [] Approved [ ] Disapproved ________________ Date __________________________________ Assessor's Signature THIS APPLICATION MUST BE APPROVED BY RESOLUTION OR ORDINANCE OF THE MUNICIPAL GOVERNING BODY RESOLUTION OR ORDINANCE # _________ Approved on ________________________ American LegalNet, Inc. www.FormsWorkflow.com INSTRUCTIONS 1. This application must be filed with the assessor of the municipality where the real property, for which exemption is sought, is located. 2. A copy of the fully dated and executed memorandum of agreement (MOA) or administrative consent order (ACO) entered into with the New Jersey Department of Environmental Protection must accompany this application filed with the assessor. 3. Each applicant shall prepare the financial agreement which he or she proposes to enter into with the municipality. The agreement shall contain the representations that are required by the enabling ordinance adopted by the municipality. 4. The owner of the property shall receive two copies of the approved application, one of which he or she shall mail to the: New Jersey Division of Local Government Services Bureau of Local Management Services CN 803 Trenton, New Jersey 08625-0803 DEFINITIONS FROM STATUTE (C.54:4-3.152) "Contamination" or "contaminant" means any discharged hazardous substance as defined pursuant to section 3 of P.L. 1976, c.141 (C.58:10-23.11b), hazardous waste as defined pursuant to section 1 of P.L. 1976, c.99 (C.13:1E-38), or pollutant as defined pursuant to section 3 of P.L. 1977, c.74 (C.58:10A-3). "Environmental Opportunity Zone" means any qualified real property that has been designated by the governing body as an environmental opportunity zone. (The governing body of a municipality may, by ordinance, designate one or more qualified real properties in that municipality as an environmental opportunity zone. The ordinance adopted by the municipality shall list the qualified real properties designated as environmental opportunity zones. The designation of environmental opportunity zones shall be consistent with the permitted use of those properties pursuant to the "Municipal Land Use Law," P.L. 1975, c.291). "Qualified Real Property" means any parcel of real property that is now vacant or underutilized, which is in need of a remediation due to a discharge or threatened discharge of a contaminant, and which is listed in the most recent Department of Environmental Protection publication of known hazardous discharge sites in New Jersey prepared pursuant to P. L. 1982, c.202 (C.58:10-23.15 et seq.). "Remediation" means all necessary actions to investigate and clean up any known, suspected, or threatened discharge of contaminants, including, as necessary, the preliminary assessment, site investigation, remedial investigation, and remedial action. American LegalNet, Inc. www.FormsWorkflow.com