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Bound Brook City Zoning Code

21-7A CANNABIS

LICENSING AND FEES.

[Added 6-28-2022 by Ord. No. 2022-17]
a. 
New license application fees for a Class 1 cultivation license or a Class 2 manufacturing license:
1. 
First submittal: $150,000. The following is required with a first submittal:
(a) 
All applicants must submit a $150,000 application fee via certified bank check.
(b) 
All applicants must concurrently submit a business proposal with one original and two copies along with the license application and license application fee.
2. 
A cannabis business license selection committee shall be appointed by the Mayor and Council to administratively sort, review, consider and recommend to the governing body each business applicant. Final selection shall be made by the governing body via a resolution adopted at a public meeting.
3. 
If a business is not selected, $145,000 of the first submittal license application fee will be returned.
b. 
Renewal application fee: $50,000, which is nonrefundable.