City of Margate, Atlantic County–Lucy the Elephant–Lease to Save Lucy Committee, Inc.
Pursuant to N.J.A.C. 7:36-25.13, the NJDEP has been asked to review the following proposed lease of Green Acres encumbered parkland:
Park Owner: City of Margate
Park Name/Location:
Lucy the Elephant
9200 Atlantic Avenue
City of Margate, NJ 08402
Proposed Lessee: Save Lucy Committee, Inc. (nonprofit organization)
Proposed Leased Premises: Block 26, Lot 2 (0.75 acre (approx.), including Lucy the Elephant structure)
Purpose of Lease: Recreation and public amusement, focused on historical preservation and operation of the structure known as Lucy the Elephant, and including on-site souvenir gift shop and refreshment pavilion.
Proposed Lease Term: 20 years (subject to reevaluation every 5 years)
Proposed Compensation: $1 per year
For additional information, please contact:
Johanna Casey, City Clerk/Registrar
9001 Winchester Avenue
Margate, NJ 08402
609-822-2605
Casey_johanna@margate-nj.com