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HomeMy Public PortalAbout97:01 ORDINANCE RESPECTING CONTRACTING FOR DEVELOPMENT OF LANDFILL RECLAMATION DISTRICT WITH DESIGNATED DEVELOPER WHEREAS, pursuant to the authority granted the Borough by Chapter 173 of the Laws of the State of New Jersey, the Borough did by Ordinance #95-40~ as amended by Ordinance #96-14, create a Landfill Reclamation District; and WHEREAS, by Ordinance #95-40 the Borough designated Bellemead Development Corporation, a wholly owned subsidiary of Chubb Insurance Company, as the Redeveloper of said Landfill Reclamation District; and - WHEREAS, the Borough and Designated Developer desire to enter into a Redevelopment Agreement for development of the Landfill Reclamation District; NOW, THEREFORE, BE IT ORDAINED that the Mayor is authorized and directed in the name and on behalf of the Borough of Carteret to execute and deliver that certain Redevelopment Agreement, in the form presented at this meeting, between the Borough and Bellemead Development Corporation. tECORI) ()ii` (.OUNCll, V(TI'I~ ;NV ~]i: [ COijNCiI,~]AN' ~'~$~'IN~ cot~c:fi~ .... YES ........................... DUPO W -1/' /[m ogD 5'---q - t X lndicam Vote AB - Absclll NV - Not Voliilg X()I~ imLiclttcs Vt)LC to Overrule Veto Adopted on first reading of the Council of tilt: Bot*ough o[ Cat Iclcl, NJ., m~ J~U~Y 16 ~ 1997 FSBRUARY 6, 1997 Adopted on second reading afire' hem big on