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Oxford committee awards agricultural leases for two township parcels
Summary
On Dec. 17 the Township Committee awarded a two‑year lease for Parcel 1 (approx. 45 acres) to SueEd Farms, LLC for $3,000 annually and a five‑year lease for Parcel 2 (approx. 78 acres) to REC Processors NJ, LLC with a $125,000 base annual rent plus additional payments; both approvals are subject to executed lease agreements and prior resolution conditions.
The Oxford Township Committee unanimously approved two resolutions on Dec. 17 awarding agricultural leases for two township-owned parcels.
Resolution R:2025-133 awards Parcel 1 (Block 26, Lot 85, approximately 45 acres) to SueEd Farms, LLC. The resolution names SueEd Farms as the highest bidder with an annual payment of $3,000 and authorizes the mayor to execute a two-year lease beginning Jan. 1, 2026 and expiring Feb. 25, 2028, subject to execution of a lease agreement and the conditions listed in Resolution 2025-114.
Resolution R:2025-134 awards Parcel 2 (Block 26, Lot 86, approximately 78 acres) to REC Processors NJ, LLC. The bid listed an annual base rent of $125,000, plus $25,000 per year after the first harvest and a 3% increase of the base rent after the first year. The award authorizes the mayor to execute a five-year lease for the term Jan. 1, 2026 through Dec. 31, 2030, subject to lease execution and the conditions in Resolution 2025-114.
Lee Geller, the municipal clerk, read the certifications of the resolutions into the record. Georgette Miller moved to approve each resolution; Linda Koufodontes seconded and both motions passed by roll call vote (Ayes: 3, Nays: 0).
Both resolutions note that they are contingent on the execution of lease agreements and the prerequisites contained in the township’s earlier Resolution 2025-114. The committee did not take public comment on the leases during the meeting.
