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Current as of January 01, 2024 | Updated by Findlaw Staff
Upon the expiration of the lease, or any renewal thereof, the lessee shall cease his activity and vacate the parcel; provided, however, that he shall be entitled to be reimbursed by the council for the provable original cost of any reclamation performed on the parcel prior to the effective date of this act or with the approval of the council, and also for the value of any permanent structures erected on the parcel prior to the effective date of this act or with the approval of the council. The amount of reimbursement for permanent structures shall be based on the provable original cost, unamortized, at the time of expiration of the lease.
Cite this article: FindLaw.com - New Jersey Statutes Title 13. Conservation and Development Parks and Reservations 13 § 1B-13.12 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-13-conservation-and-development-parks-and-reservations/nj-st-sect-13-1b-13-12/
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