Cape May County Herald, 14 March 1984 IIIF issue link — Page 4

4

Herald & Lantern 14 March '84

McDOWECC’S GACLERY OF GIFTS 526 WASHINGTON STREET, CAPE MAY • 884-0430 _ Wr%4<fUf fuf^ &C4 ,

from America's No 1 Cashmere « sweater factory outlet /"T J — lames,\ Irn s and W omrn s Sweaters m ~ ” in Natural fibers y Cashmere. Shetland Wool. Camel Hair. Merino Wool. Cotton. Silk ANNUAL CLEARANCE SALE

An Extra

25% off

Our Regular Low Prices

We Have Large Assortments of First Quality Overruns & Some Imperfects 7 0 B e Oil Reta" p fices SALE MARCH 5-17

“WE ARE THE MANUFACTURER” THOUSANDS OF SWEATERS. ALSO' SCARVES, SHAWLS. DRESSES. ROBES. BLOUSES. TOPS, SKIRTS, AND SLACKS. 900 TILTON ROAD — NORTHFIELD (JUST OFF EXIT serGARDEN STATE PARKWAY 609-645-3320 DAILY 10-5.30 SAT 10-5

At CREST Savings -| And Loan Association

To open an IRA TAX SHELTER ACCOUNT

Available in Fixed or Floating Rate

Main Office 5406 New Jersey Avenue, Wildwood Crest 522-5115

FSLie

Branch Office 113 E, Wildwood Ave., Wildwood 522-1435

Call Either office or Mail Coupon tor Additional information

j NAME

ADDRESS^

~V7

PHONE NUMBER.

f

Green Acres Priorities Listed

TRENTON - A new Green Acres program ^ Yes and no, because there have not been too many changes in character between that first 1961 bond issue and the following three programs, which together have added over a billion dollars' worth of open space and recreation facilities for this state we’re in. * The biggest change embodied in the 1983 voterapproved bond issue of $135 million is the Green Trust, earmarking 83 million of those dollars for a special fund to provide loans to local governments for their acquisition of open space and development of recreational facilties. In the past, there were no loans, just 50 percent matching grants. ALSO NOTEWORTHY is this latest bond issue's emphasis on resource protection and cooperation among local governments. Another difference is the addition of a competitive note, with better ideas for such things as protecting wetlands and stream corridors most likely to win the nod from Green Acres. Previously, grants were made on a first-come, firstserved basis, until the money was used up. Commissioner Robert E. Hughey of the state Department of Environmental Protection (DEP), in which the Green Acres Program resides, has stated succinctly: ‘Because the demand is expected to exceed the available funding, we will be financing on a priority basis.” Such priorities, he said, will be based on the extent to which proposed projects address key recreation and conservation objectives. Evaluations will be made through on-site inspections as well as information provided by applicants. THIS PRIORITY system means that acquisition projects 'gSIting high points under the “environmental protection factor” will be eligible to compete for 25 percent incentive grants combined with low-interest loans. Projects with the best evidence of environmental sensitivity will receive extra points under the new system. Grant eligibility can be a local government's if it's receiving a donation or partial donation of land. So are cities, just because they are cities. They have a special deal by virtue of the enabling legislation for the bond issue. Loans are to be for 100 percent of the fair market value of a project (excluding a grant) at 2 percent interest for 20 years. By this time all the municipal clerks received the new Green Acres forms to fill out, and my advice to any town wanting to get in on Green Acres action now is to move quickly. The deadline for submitting applications is March 31. That does not commit a town to buy: it just means if it wants 50 decide to make a purchase in the next year or so, state funding will not happen if the paperw ork is not in applepie order. THIS NEW bureaucratic process is bound to have bugs Sometimes it will take too much time, with the loss of some projects. When the applicationorocess takes over a year between the time 'a lown decides to apply for Vun- /

ding and the time it can officially negotiate with landowners, I suspect only the ijiost persistent and diligent local governments will win. Landowners will have to be patient, despite implacable mortgage and tax payments. Waiting for a development project to emerge from the Green AcTes machine won't be as tough, because the land will already be in public ow nership. Development projects will also have to survive a competitive system.

The state has not yet adopted all of the rules, but the early birds will still be the ones which get the worms — or dollars. So I stress again, it surely bebpoves those towns which are interested to Waste no time in contacting Green Acres and finding out exactly what they need to do. And then to file their applications quickly. The address and telephone number is Green Acres Program, Box CN 404, Trenton, N.J. 08625; telephone 609-292-2455.

Cards. Gifts, Jewelry Collectibles

The Bayberry Bush 714 Asbury Ave. Ocean City, h.J. 08226

OPEN YEAR ROUND MON. SAT. 9-6 (609) 598-5376 & AU* TMUmu

JfWT^fWi COLOR TV — VCR HEADQUARTERS QUASAR •PHILCO SONYf SYLVANIA •SHARP Free add-a-year Warranty Policy on new TV’s VHS & BETA RECORDERS

GUARANTEED USED SETS

17" PHILCO

. . . S150

19" ZENITH S.S

.. S275

25" PHILCO

...$165

25"ZENITH REMOTE.

....$295

2501 DUNE DR. • AVALON 9-5 DAILY - EXCEPT TUES. & SUN. Eve. By Appt.

■rTL96T449irr

■nil

SUPER PRICES

WILDWOOD SCHEUENGFR i NEW JERSEY AVE. 522-7710 RIO GRANDE & NEW JERSEY AVE.

522-1124 OPEN 24 HOURS INCLUDING ALL HOLIDAYS Every Day Low Prices

STORE COUPON The Good 0w» THRU 3/31/M Corned Beef $ 1 S8 »IB. ~~~ STORE COUPON Th« C«1*0" Good £>*» THRU 3/31/M 32 oz. Big Gulp rers - coa - tup 39°

STORE COUPON Tt* Coeon Good Owr THRU 3/31/84 American Cheese 99*

GRADE A URGE Eggs n«i

WE HONOR MANUFACTURERS "CENTS-OFF" COUPONS AND FOOD STAMPS