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HomeMy Public PortalAbout95-40 95-40 ORDINANCE ESTABLISHING LANDFILL RECLAMATION IMPROVEMENT DISTRICT AND DESIGNATED DEVELOPER WHEREAS, pursuant to the authority granted the Borough by Chapter 173 of the Laws of the State of New Jersey, the Borough is desirous of creating a Landfill Reclamation Improvement District; and WHEREAS, pursuant to said state authority, the Borough must designate the specific area which encompasses land formerly used as a landfill as a Landfill Recreation Improvement District; and WHEREAS, it is necessary for the Borough to negotiate a redevelopment agreement with a redeveloper to undertake the landfill closure and the development ora commercial and/or industrial project. NOW, THEREFORE, BE IT ORDAINED that the Mayor and Council of the Borough of Carteret does hereby designate Block 11.01, 11.03~ 11.04 and 113 as a Landfill Reclamation Improvement District. BE IT FURTHER ORDAINED that Bellemead Development Corporation, a wholly- owned subsidiary of Chubb Insurance Company is hereby designated as the Redeveloper and the Mayor is directed to negotiate a redevelopment agreement for final presentation to the Council for approval. DO NOr USE SPACE BELOW Tills LINE RECORD OF COUNCIL VOTE COUNCILMAN YES- NO NV A.II. COUNCILMAN YES NO NV A.B. BIALOWARCZUK X SEHENZA X FEINGOLD X STIGLIC X BRIEN X ZIEMBA X X - Indicate Vo~¢ AB - Abse.~ NV - Not Voting XOR ~ Indicates Vote to Overrule Veto sj Adopled on first reading of the Council of the Borough of Carteret, N.J., on August 8, 1995 Adopledonsecondreadingaflerhearingon August 17, 1995 BOROUGH CLERK < _ ~