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Open Space, Recreation, and Historic Preservation Advisory Committee

The below Municipal Public Question on the November 4, 2003 ballot for Madison residents was approved:

Public Question

Shall the Borough Council of the Borough of Madison adopt an ordinance establishing an "Open Space, Recreation and Historic Preservation Trust Fund," which shall have the following provisions:

1. The "Open Space, Recreation and Historic Preservation Trust Fund" shall be funded through the collection of local property taxes in the amount of two cents ($0.02) per $100 of assessed property value.

2. Said fund shall be designated for the purposes of acquiring and maintaining property or easements within the Borough of Madison and surrounding municipalities for the purpose of open space and historic preservation, natural resources protection, and the addition of active and passive recreation lands. 3. Any property or easement purchased by the "Open Space, Recreation and Historic Preservation Trust Fund" shall not be sold or conveyed unless and until authorized by binding Public Referendum. Interpretive Statement This non-binding referendum will give the elected officials of the Borough of Madison the sentiment of the voters concerning the establishment of an "Open Space, Recreation and Historic Preservation Trust Fund." The Fund would complement any other available funding sources, and be used exclusively for the purchase and maintenance of property or easements within the Borough and adjacent municipalities for the following purposes:   · Open space preservation; · Historic preservation; · Natural resources preservation, including water supplies; · Active and passive recreation expansion.   If this question is approved, the Borough can impose an annual levy of two cents ($0.02) per $100 of assessed real property valuation. A house assessed at $395,800 (the average assessment of a home in Madison Borough) will pay seventy-nine dollars ($79) per year. Any property or easement purchased with the "Open Space, Recreation and Historic Preservation Trust Fund" shall not be sold or conveyed unless and until authorized by binding Public Referendum.