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HomeMy Public PortalAboutr 10-237�Re0011111011 of 14e Porvg4 of &rtera �N- T- No 10 -237 Date of Adoption September 23, 2010 II AUTHORIZING LEASE WITH CARTERET BUSINESS PARTNERSHIP, INC. WHEREAS, pursuant to Ordinance NO. 33 -66, the Borough of Carteret previously authorized the leasing of certain Borough land to community organizations for community service purposes; and WHERAS, pursuant to said Ordinance, the Governing Body authorizes entering into a lease, attached hereto and made a part hereof, dated with the Carteret Business Partnership, Inc. (special improvement district) for a billboard sign installation on property located on Beverly Street/industrial Highway, also known as Block 133, Lot 24; and WHEREAS, the Carteret Business Partnership has advised the Governing Body that it wishes to make significant improvement to said property and will need to invest sums of money to make said improvements; and WHEREAS, the Carteret Business Partnership has advised the Governing Body that said improvements and the investment of said fiends can only tr be justified if the present lease for the above described property is approved for a period of ten years; and WHEREAS, it has been determined that the above described property is not needed for other public purposes and the community services provided at this property by the Carteret Business Partnership advances and promotes improvements to the business environment. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret, County of Middlesex, and State of New Jersey as follows: I. That the lease between the Carteret Business Partnership and tine Borough of Carteret dated for installation of a billboard on the property located at Beverly/Industrial Highway is approved for a term of ten years subject to the same temps and conditions provided for in said lease. 2. That a copy of this Resolution shall be attached to the lease evidencing the approval of the billboard installation and the same shall be kept on file in the office of the Borough Clerk. Adopted this 23` day of September, 2010 and certified as a true copy of the original on September 24, 2010. KATHLEEN M. BARNEY, bhMC Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. BEL X KRUM X DIAZ X NAPLES X DIDIASCIO X SITARZ X X - Indicate Vote All - Absent NV- Not Voting XOR - Indicates Vote to Overnde Veto Adopted at a meeting of the Municipal Council i Se f? ULLKK Rivera, Linda From: Rivera, Linda Sent: Friday, September 24, 2010 9:40 AM To: Shaw, Kathy Cc: Barney, Kathy Subject: Resolution Authorizing Lease with Carteret Business Partnership Inc. Hi Kathy, Kathy Barney is out today but she asked me to get a lease with the date for the above referenced resolution. Thank you, Linda 9/24/2010