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HomeMy Public PortalAboutr 13-231�UOOR *Ou Of the pornl�4 of ffurterd No. 13 -231 - DECEMBER 19, 2013 Date of Adoption APPROVING SUB AGREEMENT- AbIERICAN TOWERS, LLC WHEREAS, the Borough Council has adopted an ordinance approving and adopting the Federal Boulevard Redevelopment Plan in accordance with the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A -1 et seq. (tire "Act "); and WHEREAS, the Redevelopment Plan relates to certain properties within the Borough, specifically old Block 49.01, Lots 4, 9 and 11; Block 49.02; Lot 2, Block 64.01, Lots 1, 2, 3, 4.01, 4.03, 4.04, 5, 6.01, 6.02, 7 and 8; Block 64.02, Lots 1, 2.01, 2.02, 3 and 7 (collectively the "Redevelopment Area "); and WHEREAS, Verizon Business Network Services, Inc. ( "Verizou ") is the fee title owner of that parcel of real property located within the Redevelopment Area designated oil the current Official Tax Map of the Borough as Block 2301, Lot 18 (formerly Block 64.02, Lot 3) (the "Project Area "); and WHEREAS, American Towers, LLC, the proposed Sub- Developer, is i party together with Verizon to - a certain License Agreement dated January 11, 2013; and 'WHEREAS, the Redeveloper desires to col) tract a lattice mnteuna support tower (the "Tower") together with other communications antennas, equipment cabinets, coaxial cable, utility meters, concrete pads, fencing and other site iniprovemerits, all in accordance with the Redevelopment Plan; and 'WHEREAS, the Borough of Carteret (`Borough ") is agreeable to approving the construction of such a sub - redevelopment project; and WHEREAS, in order to set forth the terms and conditions under which the Parties shall carry out their respective obligations with respect to the proposed construction located within the Project Area in accordance with the Redevelopment Plan, the Parties have determined to execute a Sub- Redevelopment Agreement. - NOW, THEREFORE BE IT RESOLVED by file Mayor and Council of the Borough of Carteret, County of Middlesex, State of New Jersey, as follows: 1. That the Suh- Redevelopment Agreement will) American Towers, LLC, is hereby approved in a form acceptable to the Borough's Law Director. 2. That the �u to cxccute saga suo- redevelopment Agreement and implement the same according to its terms. Adopted this 19" day of December, 2013 and certified as a true copy of the original on December 20, 2013. KATFILEEN M. BARNET,1vIMC Municipal Clerk RECORD Or COUNCIL VOTE COUNCILMAN YES NO . NV .i.0. COUNCIf.AIAN 1'I 11 NV A.O. B.ELLINO X X - -- DI AZ X N APLES X DT MASC.Tn X SITAI2Z X x - Indicalt Volt All - A wnt NV - Not Voting XOR - Indinoe, Vole to Dacrnde Vew Adopted a1 a meeting of the Municipal Council _DECFAMER 19, 2013 c1.lillA