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WHAT MAKES A GOOD APPLICATION?

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Open Space and Farmland Preservation Trust Fund. Morris County Preservation Trust Fund ... Butler Riverdale Rockaway Boro. Wharton Chatham Boro. ... – PowerPoint PPT presentation

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Title: WHAT MAKES A GOOD APPLICATION?


1
Morris County Open Space and Farmland
Preservation Trust Fund
  • WHAT MAKES A GOOD APPLICATION?

2
Morris County Open Space and Farmland
Preservation Trust Fund
  • Walter P. Krich, Jr.
  • Frank Pinto
  • Thomas Kline, OSTF Chairman
  • Barbara Murray, OSTF Coordinator

3
Morris 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

4
Morris County Preservation Trust Fund
  • www.MorrisPreservation.com

5
Morris 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

www.MorrisPreservation.com
6
Morris County Preservation Trust Fund
www.MorrisPreservation.com
7
Morris County Preservation Trust Fund
Funded through Trust Fund
www.MorrisPreservation.com
8
Morris 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
www.MorrisPreservation.com
9
Morris 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!

www.MorrisPreservation.com
10
Morris County Preservation Trust Fund
  • Municipal/Non-Profit Program
  • NEW for 2006

www.MorrisPreservation.com
11
Morris County Preservation Trust Fund
  • Project Finance Sheet Initial and
    Post-Appraisal

www.MorrisPreservation.com
12
Morris County Preservation Trust Fund
  • Detailed information on structures
  • List of all structures on site
  • Estimated square footage of structure
  • Proposed use of structure
  • Photographs

www.MorrisPreservation.com
13
Morris County Preservation Trust Fund
  • Property Owner Consent

www.MorrisPreservation.com
14
Morris County Preservation Trust Fund
  • Financial History of Municipal Trust Fund

www.MorrisPreservation.com
15
Morris 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

www.MorrisPreservation.com
16
Morris County Preservation Trust Fund
  • Qualities of
  • Successful Applications
  • Start with a plan
  • Complete application information
  • Detailed financial information
  • Financial commitment
  • Funding partnership

www.MorrisPreservation.com
17
Morris 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

www.MorrisPreservation.com
18
Morris County Preservation Trust Fund
  • Property Tour
  • Show us what were funding!
  • Be organized know what to highlight
  • Limited time frame

www.MorrisPreservation.com
19
Morris 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?

www.MorrisPreservation.com
20
Morris County Preservation Trust Fund
Average Project Size 37.9 acres
www.MorrisPreservation.com
21
Morris County Preservation Trust Fund
Overall Average Grant Award 501,028
www.MorrisPreservation.com
22
Morris County Preservation Trust Fund
Overall Median Grant Award 375,000
www.MorrisPreservation.com
23
Morris County Preservation Trust Fund
  • Future Direction
  • Average size of project sites is trending
    downward
  • Average grant award amount is increasing
  • Are program changes warranted?

www.MorrisPreservation.com
24
Morris County Preservation Trust Fund
  • www.MorrisPreservation.com
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