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HomeMy Public PortalAbout96-29 AR ORDINANCE PROVIDING FOR THE PURCHASE OF 20 COOKE AVENUE FOR THE BOROUGH OF CARTERET, COUNTY OF MIDDLESEX, STATE OF NEW JERSEY, APPROPRIATING $60,000 FROM THE CAI~ITAL IMPROVEMENT FUND - RESERVE FOR SEWER IMPROVEMENTS ~ $100, 000 RECEIVED FROM BEL~ DEVELOPMENT RESERVED FOR THE BUILDING ACQUISITION OF THE BOROUGH FOR THE COST THEREFOR. BE IT ORDAINED BY THE BOROUGH COUNCIL OF THE BOROUGH OF CARTERET IN THE COUNTY OF MIDDLESEX, STATE OF NEW JERSEY, AS FOLLOWS: SECTION 1. The Borough of Carteret, in the County of Middlesex, New Jersey, hereby authorizes the purchase of 20 Cooke Avenue together with all purposes necessary, incidental or appurtenant thereto. SECTION 2. For said improvements or purposes, there is hereby appropriated the sum of $60,000~00 which amount is made available from the Capital Improvement Fund- Reserve for Sewer Improvements and $100,000 received from Bellemead Development reserved for the Building Acquisition. SECTION 3. The Capital Budget of the Borough is hereby amended to conform with the provisions of this Ordinance to the extent of any inconsistency herewith. SECTION 4. The purposes described in Section 1 herein are not current expenses. These are all Improvements that the Borough may lawfully undertake as General Improvements, and no part of the costs thereof has been or shall be specially assessed on property specially benefited thereby. SECTION 5. This Ordinance shall take effect as provided by Law. DO NOT USE SPACE BELOW Tills LINE RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. BIALOWARCZUK X EEINGOLD X FAI LACE X O' BRIEN X FAZEKAS X VESEY X X - Indicate Vote AB - Absenl NV - Not Voling XOR - Indicates Vote to Overrule Veto Adopted on first readingoftheCounciloftheBoroughofCarteret, N.J.,on DECEMBER S, 1996 Adopted on second reading after hearing on DECEi~iBER 1 9, 1 9 96 APPROVED BY BOROUGH CLERK