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HomeMy Public PortalAboutr 99:25No. 99-25 Date of Adoption January 21, 1999 RENEWAL OF AGREEMENT WITH MID-STATE FEDERAL CREDIT UNION RE: PARKING LOT BE IT RESOLVED by the Mayor and Council of the Borough of Carteret that it does hereby authorize the renewal of an existing tenancy pursuant to which the Borough of Carteret occupies a portion of the Mid-State Federal Credit Union parking lot on Roosevelt Avenue as a public parking lot; BE IT FURTHER RESOLVED that the said renewal for a period beginning January 1, I999 and ending December 31, 1999, and upon those terms and conditions specified in Resolution No. 93-135 adopted April 1, 1993 and shall include the following: 1. Rental: 2. Insurance: 3 Maintenance: 4. Signage: 5. Cancellation: Three Hundred Dollars ($300.00) per month. The Borough shall post the requisite liability insurance. The Borough shall maintain the parking lot and surface thereo£ The Borough shall post signs in an area to be designated by Mid-State Federal Credit Union for the use of passenger vehicles only. Said agreement to be cancelable upon thirty (30) days notice to Landlord. Adopted this 21st day of January, 1999 and certified as a true copy of the original on January 22, 1999. KATHLEEN M. BARNEY, Municipal Clerk COUNCILMAN CRILLEY FAZEKAS G~TOWSKI RECORD OF COUNCIL VOTE YES NO NV A.B. COUNCILMAN X MANCUSO x - _QUINONES X - Indicate Vote AB - Absent YiS NO NV A.B. x NV - Not Voting XOR Indicates Vote to Overrule Veto 13 j Adopted at a meenng of thc Municipal Council January 21: 1999 tLERK ~