Resolution #070104
Acceptance of the Friends of the Kennedy Martin-Stelle Farmstead
2006 Annual Report
WHEREAS, pursuant to Ordinance #1775 adopted by the Township Committee of the Township of Bernards on March 29, 2005, authorizing a lease agreement with the Friends of the Kennedy-Martin-Steele Farmstead, Inc. for a 4.397 acre tract known as Block 185, Lot 20.03, King George Road, Basking Ridge; and
WHEREAS, pursuant to said lease, and N.J.S.A. 40A:12-14(c) the Friends of the Kennedy Martin-Steele Farmstead, Inc., must submit an annual report to the Township setting out in detail the progress of the buildings preservation, restoration, renovations or operations and the progress of all fund-raising activities and grant applications, the proposed use for the buildings upon commencement of operation, the occupancy and utilization of the buildings during the preceding year, the activities of the Tenant undertaken in furtherance of the public purpose for which the leasehold was granted, the approximate value of cost, if any, of such activities in furtherance of such purpose and an affirmation of the continued tax exempt status of the Tenant pursuant to both State and federal law.
WHEREAS, the 2006 annual report has been submitted as required.
NOW, THEREFORE BE IT RESOLVED, by the Township Committee of the Township of Bernards that 2006 Annual Report of the Friends of the Kennedy Martin-Steele Farmstead be accepted as submitted.
Agenda and Date Voted: 02/13/2007
