Conservation Resources Inc. was granted $550,000 from a NRD Settlement to fund three featured projects. Each of these projects provides groundwater recharge and natural resource protection and is a good nexus to the type and location of natural resource damage that allegedly occurred.

In this settlement, CRI worked with South Jersey Industries, the NJDEP Office of Natural Resource Restoration, and our non-profit partners to identify these projects. We entered into a Regulatory Contribution Agreement with SJ Industries and grant agreements with the non-profit grantees.

Under the Regulatory Contribution Agreement, CRI is acting as the fiduciary, providing technical assistance to the non-profit sponsors of the the projects, and will report back to the NJDEP and the Potentially Responsible Party once the projects have closed and have been permanently protected.

Click on the images to the right to learn more about the individual projects being funded through this settlement.

Conservation Resources Inc. (CRI) worked with the Settling Party and NJDEP Office of Natural Resource Restoration to identify a project being undertaken by The Rancocas Conservancy, a small South-Jersey based land conservation organization.

In order to satisfy the Natural Resource Damage Claim against it, the Settling Party made a contribution of $150,000 to CRI in order to partially fund preservation of the 226-acre Friendship Creek Preserve Project, located in Tabernacle Township, Burlington County. The total project cost was $338,000, with the remaining funding coming from a NJDEP Green Acres grant and a small grant from CRI. Click here to learn more.

CRI worked with NJDEP Office of Natural Resource Restoration, the Settling Party, Edison Township, and the Edison Wetlands Association to identify and fund the Raritan Riverwalk. We were able to facilitate a $593,000 regulatory contribution to this emerging greenway and restoration project along the Raritan River. Click here to learn more.

CRI identified the Kiejdan Property as appropriate for NRD settlement funding. The Office of Natural Resource Restoration provided $150,000 in previously collected NRD settlement funding for this property, located in Somerdale Borough, Camden County. Preservation of this property helps to protect the Cooper River and forms a link in the River to Bay Greenway, The Trust for Public Land's vision for creating a multi-use recreational route linking the Delaware River to Barnegat Bay. The property is now owned and managed by Somerdale Borough. Click here to learn more.

CRI identified the Signal Hill Land Preservation Project as appropriate for Natural Resource Damage Settlement funding. The Office of Natural Resource Restoration provided $150,000 in previously collected NRD settlement funding to be used for this project. Click here to learn more.