Lease was recently rewritten and tied in a Bow thru 2029......
Since then all the VV family left the organization except Ken and he was downgraded IMHO......
The VV family has TRTC by the short hairs IMHO.....
"We lease the land in Belvidere, New Jersey, on which Edible Garden’s greenhouse structure is situated. The land is being leased from Whitetown Realty, LLC, an entity in which David Vande Vrede and Greda Vande Vrede own interests. David Vande Vrede and Greda Vande Vrede are the parents of three of our directors, Kenneth Vande Vrede, Michael Vande Vrede, and Steven Vande Vrede. The lease commenced on January 1, 2014 and expires December 31, 2029. The current monthly lease amount is $14,423 and increases 1.5% each calendar year."
Why is Ken looking else where in New Jersey ?
“We're looking at New Jersey as a whole. We're approaching every county and municipality. We're looking at…friendly towns that are interested,” he said.
Maybe this is why ?
Edible Garden Corp in White Township, New Jersey
Address: 283 County Road 519, Belvidere, NJ 07823
Here is the thoughts of those that control government licenses that TRTC would be applying for in Belvidere, NJ IMHO
A motion was made by Councilman Sebold, seconded by Councilman Makatura and carried to
adopt Resolution No. R2014x97.
RESOLUTION NO. R2014x97
TOWN OF BELVIDERE
WARREN COUNTY, NEW JERSEY
A RESOLUTION IN OPPOSING THE LEGALIZATION OF MARIJUANA AND THE
PRODUCTION OF IT AS A CROP IN THE STATE OF NEW JERSEY
WHEREAS, the State of New Jersey, pursuant to the Comprehensive Drug Reform Act of 1987,
N.J.S.A. 2C:35-1 st seq., declares it to be a crime to manufacture, sell, distribute, possess, use or
be under the influence of a controlled dangerous substance without a prescription; and
WHEREAS, the New Jersey Comprehensive Drug Reform Act defines a controlled dangerous
substance to include marijuana (cannabis); and
WHEREAS, the Town of Belvidere affirms the New Jersey Legislature’s findings that the
unlawful manufacture, distribution, possession and use of a controlled substance, specifically
marijuana, for recreation purposes poses a serious and pervasive threat to the health, safety and
welfare of the residents of the Town of Belvidere; and
WHEREAS, the manufacture, distribution, possession and use of marijuana for recreational
purposes can undermine the quality of life enjoyed by all persons who live and work in the
boundaries of the Town of Belvidere;
NOW, THEREFORE, BE IT RESOLVED that the Belvidere Town Council shall not make any
decision, take any action, or support in any way the action of any Board, Committee, or other
Town related entity which would support, sanction, authorize or promote the cultivation, growth,
manufacturing, production, sale or possession of marijuana for recreational use;
BE IT FURTHER RESOLVED that the Belvidere Town Council does support the use of
marijuana for medical purposes.
Date: November 17, 2014
Teresa A. Yeisley, RMC/CPM
Municipal Clerk/Administrator
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