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HomeMy Public PortalAboutr 14-039yxsnlfttzox( r �! vxt� t � fi nrferd, �N. J. Np. 14-39 Date of Adoption February Z0 , 2014 RESOLUTION Or^ THE BOROUGH OF CARTERET, IN THE COUNTY OF MDDLESEX, NEW JERSEY AUTHORIZING AND DIRECTING THE - BOROUGH PLANTING BOARD TO UNDERTAKE AN I, VE'STIGATION TO DETERNENIZ NVITETHER CERTAIN PROPERTY - CONSTITUTES A11' riREA IN NEED OF REDEVELOPMENT WHEREAS, the governing body of the Borough of Carteret (the `Borough ") is interested in determining whether certain property located within the Borough is in need of redevelopment under the New Jersey Local Redevelopment and Housing Law, N.J.S.A. 4OA:12A -1 et seq. (the "Redevelopment Law" ); and WHEREAS, the Borough desires to authorize and direct the Borough's Planning Board to undertake an investigation to determine whether the area consisting of Block 6501, Lots 1, 2 and 13, and Block 6502, Lots 1, 2, 3, 4, 5, 6, 7, 3, 9, 10, 11, 12, 13, 14 & 15 on the Official Tax Map of the Borough (collectively, the "Study Area ") constitutes an area in need of redevelopment under Section 5 of the Redevelopment Law (N.J.S.A. 4OA:12A -5); and )VHEREAS, if the Study Area is determined to meet the criteria for designation as an area in need of redevelopment and the Borough so designates the Study Area, then the Borough shall be authorized to use all the powers provided under the Redevelopment Law for use in a redevelopment area, including the power of eminent domain. NOW, THEREFOR) , BE IT RESOLVED by the Nfayor and Council of the Borough of Carteret, County of bfiddlesex, State of New Jersey, as follows: lelength 1. The aforementioned recitals hereof are incorporated herein as though set forth at herein. ` 2 The Planning Board is hereby authorized and directed to undertake a preliminary investigation and conduct a public hearin to determine whether the Study Area is in need of redevelopment under the Redevelopment Law. 3. The Planning Board, following said preliminary investigation and hearing(s), is further authorized and directed make a recommendation to the governing body of the Borough, pursuant to N.LS.A. 40A:12A -6, as to whether the Study Area should or should not be determined by the governing body to be an area in need of redevelopment. 4. In the event the Planning Board recommends that the governing body determine the. Study Area be designated as a redevelopment area, and the governing body so determines, the Plannina Board is hereby authorized and directed to prepare a redevelopment plan for the Study Area, pursuant to Di.J.S.A. 40A: 12A-7f. 5. In the event the governing body shall designate the Study Area as a redevelopment area, the Borough shall be authorized to use all the powers provided under the Redevelopment Law for use in a redevelopment area, including the power of eminent domain. 6. A copy of this Resolution shall he forwarded to the Planning Board for action consistent therewith. Nlopted this 2Cth day of February, 2014 and certified as a tree copy of the original. on February 21, 2014. RECORD OF COUNCIL VOTE COUNCILMAN Y YES N NO N NV A A.B. C COUNCIL \!AN Y YES 1 1 NO N NV A A.B. D J -- -- - -_. I r� _ _ ES I I r Dh`4LCCf0 S S r X - Indicate Vote AB - Absent NV - No[ Voting X XOR - tndimtes Vote toove«We Veto Adopted at a meeting of the Municipal Council _ _2 2 214 /