N.J. Admin. Code § 7:25-24.7

Current through Register Vol. 56, No. 21, November 4, 2024

Section 7:25-24.7 - Hydrographic survey charges; annual lease fees

(a) Following approval of a lease of new ground by the Council and the Commissioner, the Bureau shall perform a hydrographic survey of the lease area described in the application to verify its location and boundaries. Before the Department issues an executed lease to the applicant, the applicant shall reimburse the Bureau for the expense of the hydrographic survey at the rate of $ 30.00 per corner. Failure to reimburse the Bureau within 30 days of the Council's approval of the lease will constitute grounds for denial of the lease application, and the area applied for shall revert to public bottom.

(b) The annual lease fee for Atlantic coast shellfish leases is $ 2.00 per acre for those areas measured in acres.

(c) The annual lease fee for Atlantic coast shellfish leases is $ 2.00 per 100 linear feet of shoreline for those areas measured in linear feet of shoreline (Mullica River and tributaries, Motts Creek and tributaries).

(d) Notwithstanding (b) and (c) above, the minimum annual lease fee for any lessee leasing bottom on the Atlantic Coast is $ 5.00.

N.J. Admin. Code § 7:25-24.7

Amended by R.1995 d.202, effective 4/3/1995.
See: 26 New Jersey Register 3109(a), 27 New Jersey Register 1405(a).