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HomeMy Public PortalAboutr 13-193Poo ution of f6e Jr oroug4 of Tarteret, - 03. No. 13 -193 Dateof Adoption October 1 7, 2013 RESOLUTION OF THE BOROUGH OF CARTERET, IN THE COUNTY OF MIDDLESEX AUTHORIZING EXECUTION OF REDEVELOPMENT AGREEMENT WHEREAS, under the New Jersey Local Redevelopment and Housing Law, N.J.S.A. 40A:12A- I et seq, the Borough of Carteret (the `Borough ") conditionally designated 50 Bryla LLC (`BryW') as the redeveloper of the property known as Block 2705, Lot 4 (formerly Block 49.2, Lot 2) on the Borough's tax maps (the "Project Site "); and WHEREAS, the Borough now desires to authorize the execution of a redevelopment agreement with Bryla for the redevelopment of the Project Site, in a form to be approved by the Borough's Director of Law and Special Redevelopment Counsel. NOW, THEREFORE, BE AND IT IS HEREBY RESOLVED by the Mayor and Council of Borough of Carteret, in the County of Middlesex and the State of New Jersey, as follows: Section 1. The aforementioned recitals are incorporated herein as though fully set forth at length. Section 2. The Mayor is authorized to execute a redevelopment agreement with Bryla for the redevelopment of the Project Site, in a form to be approved by the Borough's Director of Law and Special Redevelopment Counsel, and any competent party is authorized to attest same. Section 3. This resolution shall take effect immediately Adopted this 17th day of October, 2013 and certified as a true copy of the original on October 18, 2013. KATHLEEN M. BARNEY, WC Municipal Clerk RECORD OF COUNCIL VOTE x x X - Indicate Vote An - Absent NV - Not Voting XOR- Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council ® 20ctober 17. 2013