FINANCIAL_SERVICESAPPROVED

Township of Burlington Regular Meeting Agenda January 21 2025

Township Accepts Green Acres Loan and Grant

Green Acres loan of $512,000 and a Green Acres grant of $187,500Township of BurlingtonSTATE OF NEW JERSEY DEPARTMENT OF ENVIRONMENTAL PROTECTION GREEN ACRES PROGRAMJanuary 21, 2025

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Description

The Township of Burlington authorized an agreement with the State of New Jersey Department of Environmental Protection Green Acres Program to fund Tennis Court Rehabilitation at Green Acres I through a $512,000 loan and a $187,500 grant.

Contract Details

Contract Amount

Green Acres loan of $512,000 and a Green Acres grant of $187,500

Vendor

STATE OF NEW JERSEY DEPARTMENT OF ENVIRONMENTAL PROTECTION GREEN ACRES PROGRAM

Agency

Township of Burlington, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

January 21, 2025

Renewal Info

Funding agreement for a specific capital project; repayment and grant terms will follow Green Acres program requirements.

More from STATE OF NEW JERSEY DEPARTMENT OF ENVIRONMENTAL PROTECTION GREEN ACRES PROGRAM

Related Contracts

Monmouth County Resolution Authorizing Amendment to the State of New Jersey Department of Environmental Protection Green Acres Program Project Agreement 2026-06-07

AMENDED

County of Monmouth (New Jersey)$28,807,500.00 (total after amendment); increase of $2,500,000.00June 7, 2026

Issuing Agency