Title: WHAT MAKES A GOOD APPLICATION?
1Morris County Open Space and Farmland
Preservation Trust Fund
- WHAT MAKES A GOOD APPLICATION?
2Morris County Open Space and Farmland
Preservation Trust Fund
- Walter P. Krich, Jr.
- Frank Pinto
- Thomas Kline, OSTF Chairman
- Barbara Murray, OSTF Coordinator
3Morris County Preservation Trust Fund
- History of Morris Countys Trust Fund
- Application Process
- Changes in 2006
- Qualities of Successful Applications
- Application Form
- Property Tour
- Committee Presentation
- Future Direction
4Morris County Preservation Trust Fund
- www.MorrisPreservation.com
5Morris County Preservation Trust Fund
- Established 1992 by voters
- Fund commenced on July 1, 1993
- Rate set annually by Board of Chosen Freeholders
- Currently 4.5 cents per 100 assessed property
value - Approximately 40 million in 2006 for all
preservation programs
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6Morris County Preservation Trust Fund
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7Morris County Preservation Trust Fund
Funded through Trust Fund
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8Morris County Preservation Trust Fund
- 14,765 Acres Purchased for 127,972,426
- 4,250 Acres Pending for 54,505,363
-
19,015 Total Acres Funded for 182,477,789
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9Morris County Preservation Trust Fund
- 19,015 acres is
- Larger than Chester Township (18,854 acres)
- - and
- The approximate size of
- Victory Gardens Netcong Chester Boro.
Butler Riverdale Rockaway Boro. Wharton
Chatham Boro. Town of Boonton Morris Plains
Dover Mountain Lakes Mount Arlington Mine
Hill combined!
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10Morris County Preservation Trust Fund
- Municipal/Non-Profit Program
- NEW for 2006
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11Morris County Preservation Trust Fund
- Project Finance Sheet Initial and
Post-Appraisal -
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12Morris County Preservation Trust Fund
- Detailed information on structures
- List of all structures on site
- Estimated square footage of structure
- Proposed use of structure
- Photographs
-
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13Morris County Preservation Trust Fund
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14Morris County Preservation Trust Fund
- Financial History of Municipal Trust Fund
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15Morris County Preservation Trust Fund
- Closing Process
- Pre-Closing
- Fully-executed contract
- Draft deed
- Survey or metes bounds description
- Post-Closing
- Executed deed (after closing and once recorded)
- Final survey (plus digital format, if available)
- Monthly e-mail reminder
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16Morris County Preservation Trust Fund
- Qualities of
- Successful Applications
- Start with a plan
- Complete application information
- Detailed financial information
- Financial commitment
- Funding partnership
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17Morris County Preservation Trust Fund
- Municipal and Non-Profit, Preserved Projects
- Cumulative Total Cost of Land
- 164,563,615
-
- Cumulative Grants Awarded
- 64,506,033
-
- 39.2
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18Morris County Preservation Trust Fund
- Property Tour
- Show us what were funding!
- Be organized know what to highlight
- Limited time frame
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19Morris County Preservation Trust Fund
- Committee Presentation
- How likely is closing?
- Is there a willing seller?
- Is there a signed contract?
- Status of other funding partners?
- Intended use of the property?
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20Morris County Preservation Trust Fund
Average Project Size 37.9 acres
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21Morris County Preservation Trust Fund
Overall Average Grant Award 501,028
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22Morris County Preservation Trust Fund
Overall Median Grant Award 375,000
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23Morris County Preservation Trust Fund
- Future Direction
- Average size of project sites is trending
downward - Average grant award amount is increasing
- Are program changes warranted?
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24Morris County Preservation Trust Fund
- www.MorrisPreservation.com