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HomeMy Public PortalAboutr 13-065�eov ittan of t1je parrY1 � h of aurterd, �C J1 . No. 11-6 Dale of Adoption April 11 , 2013 RESOLUTION SUPPORTING APPROVAL OF A SHOP LOCAL PROPERTY TAX REWARD PROGRAM WHEREAS, there is a need to enhance the economic development of our town; and WHEREAS, our Economic Development Committee has identified and reviewed the Property Tax Reward Program; and WHEREAS, this is a program designed specifically to stimulate the local economy by providing rebates, in the form of property tae credits to property owners and cash rebates to renters, every time a purchase at participating retailers in the Borough of Carteret is made and our town Shop Local card is used; and WHEREAS, this program is offered and managed by Fincredit Inc., Marlboro NJ; and WHEREAS, the Economic Development Committee believes that the implementation of this program in the Borough of Carteret will help both the Borough residents and its business community; and WHEREAS, the Economic Development Committee supports the implementation of a property tax reward program in the Borough of Carteret. NOW THEREFORE BE IT RESOLVED by the Mayor and Council of the Borough of Carteret that the town proceeds with the implementation of a Property Tar Reward Program in the Borough of Carteret; and BE IT FURTHER RESOLVED that the Municipal Clerk shall send copies of this resolution to the Borough Director of Economic Development for distribution. Adopted this I I" day of April, 2013 and certified as a true copy of the original on April 12, 2013. KATHLEEN M. BARNEY, MMC Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN Pl'S - NO NY . \.n. BM-nl) X KftIH X DTAZ X C'AFL6 X X s X X - Indicate Vole AB - Absent NV - Not Voting XOR - Indicates Vote to 0,urvle Veto Adopted at a mecting of the Municipal Council it AT 11, 2013 kAA,II