N.J. Admin. Code § 2:76-12.5 - Donations toward the cost of acquisition
(a) The Committee shall
not treat as a donation any donation accepted prior to approval of an application
for Committee funding under
N.J.A.C. 2:76-13.4, unless approved by the
Committee .
(b) The Committee shall not
treat as a donation any donation of land which is not part of the approved
project.
(c) The Committee shall not
treat as a donation the reduction in the cost of acquisition resulting from
negotiation between the nonprofit and the property owner, unless approved by the
Committee .
Notes
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