What are the terms and conditions of the purchase of the property by the Township from the State of New Jersey?
On December 22, 2005, the Township and the State of New Jersey signed a Memorandum of Agreement (“MOA”) for the purchase of the property and sewage treatment plant, which outlines all of the terms and conditions. A purchase and sale contract was drafted based on the MOA and approved by the Township Committee on December 7, 2006.
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