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HomeMy Public PortalAboutr 15-054P2ioliztto" of foe pormta4 of Clarteret, �ql 5. No. 15-54 Date of Adoption Feh!p ty 26 , 2015 REDEVELOPMENT AREA INVESTIGATION FOR BLOCK 2703, LOT 1 (FORMERLY BLOCK 50.2, LOT 2) ON THE TAX MAP OF THE BOROUGH OF CARTERET WHEREAS, the Local Redevelopment and Housing Law, N.J.S.A. 40A:12A -1, et seq., as amended (the "Redevelopment Law "), authorizes municipalities to determine whether certain parcels of land constitute areas in need of redevelopment; and WHEREAS, the Borough Council (the "Borough Council ") of the Borough of Carteret (the "Borough "), previously designated the properties formerly known as Block 49.03, Lot 1, Block 50.01, Lots 10 -17, 27 -30 and 32.04, Block 50.02, Lots 1.01, 1.02 and 2 -4 on the Borough's tax map, along with portions of surrounding rights -of -way (collectively, the "West Carteret Minue Street Redevelopment area, Phase II ") as an area in need of redevelopment under the Redevelopment Law; and WHEREAS, the Borough desires to conduct a supplemental investigation to determine whether the parcel designated as Block 2703, Lot 1 (the "Study Area ", formerly known as Block 50.2, Lot 2) meets the criteria currently set forth in the Redevelopment Law for designation as an area in need of redevelopment and should continue to be so designated; and WHEREAS, if tike Study Area is determined to meet the criteria for designation as an area in need of redevelopment and tike Borough determines that the Study Area will continue to be so designated, 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 THEREFORE, BE IT RESOLVED BY THE MUNICH'AL COUNCIL OF THE BOROUGH OF CARTERET, NEW JERSEY AS FOLLOWS: Section 1. The foregoing recitals are incorporated herein as if set forth in full. Section 2. The Planning Board is hereby authorized and directed to undertake a preliminary investigation to determine whether the Study Area is in need of redevelopment under the Redevelopment Law and, thereafter, to make a recommendation to the governing body of the Borough as to whether the Study Area should or should not continue to be designated by the governing body as an area in need of redevelopment. Section 3. In the event the governing body determines that the Study Area meets the criteria for designation as a redevelopment area and should continue to be so designated, 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. Adopted this 26" day of February, 2015 and certified as a tine copy of the original on February 27, 2015. KATHLEEN M. BARNEY, RNIC /CMC Nfunicimal Clerk RECORD OF COUNCIL VOTE COUNCL N1AN YES NO NV A.B. COUNCILMAN YES NO NV A.B. RU f X MRIM X DIAZ X X X 1 x X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Ove,mle Veto Adopted at a meeting of the Municipal Council ' many 26, 2015 CLERK