HomeMy Public PortalAboutr 15-228No. L5-228 Date of Adonlion 5, 2015
RESOLUTION OF THE BOROUGH OF CARTERET AUTHORIZING
THE ACCEPTANCE AND ACQUISITION OF FEE TITLE
OWNERSHIP OF CERTAIN PROPERTY FROM THE CARTERET
REDEVELOPAIENT AGENCY
WHEREAS, on June 12, 2006, the Council of the Borough of Carteret, a
municipal corporation in the County of Middlesex and the State of New Jersey (the
"Borough "), in accordance with the Redevelopment and Housing Law, constituting
Chapter 79 of the Pamphlet Laws of 1992 of the State, and the acts amendatory thereof
and supplemental thereto (the "Redevelopment Lard", as codified in N.JS.A. 40A: 12A -1
et seg.), duly adopted Resolution No. 06 -33 designating sixty-four properties along
Washington Avenue as an area in need of redevelopment (the "Washington Avenue
Redevelopment Area "); and
WHEREAS, in accordance with the Redevelopment Law, the Borough
designated the Carteret Redevelopment Agency (the "Agency ") to act as the
Redevelopment Entity (as such terra is defined in the Redevelopment Law) for the
Washington Avenue Redevelopment Area; and
WHEREAS, in an effort to facilitate the redevelopment of certain portions of the
Washington Avenue Redevelopment Area, the Borough transferred and conveyed convey
its fee title interest in Block 6704, Lots 3, 4, 5, 6 and 6.01 as referred to on the tax map of
the Borough (the "Property') to the Agency; and
WHEREAS, the Agency consolidated and subdivided the Property into hvo (2)
separate lots constituting Block 6704, Lot 6.02 and Block 6704, Lot 6.03; and
WHEREAS, the Agency desires to transfer and convey its fee title interest in
Block 6704, Lot 6.03 to the Borough.
NOW, THEREFORE, BE IT RESOLVED as follows:
Sec *ion 1. The acceptance and acquisition from the Agency of the real
property known as Block 6704, Lot 6.03 on the official tax maps of the Borough is
hereby approved.
Section 2. The Mayor, Chief Financial Officer or the Director of Law (each
an "Authorized Officer'"), are hereby each severally authorized and directed, after
consultation with such counsel and any advisors to the Borough (collectively, the
"Consultants "), as such Authorized Officer deems necessary, desirable or convenient in
such Authorized Officer's sole discretion, to perform any act and execute and enter into
any and all related agreements, instruments or other documents in connection with the
transfer and conveyance of Block 6704, Lot 6.03 from the Agency to the Borough and
the Borough Clerk is hereby further authorized and directed to attest to such execution or
acknowledgement and to affix the seal of the Borough to any such agreement, instrument
or document.
Section 3. All actions of the Authorized Officers and the Consultants taken
prior to the date of adoption hereof in connection herewith are hereby ratified and
approved.
Section 4. This Resolution shall take effect at the time and in the manner
prescribed by law.
Adopted this 5th day of NumTb2r, 2015
and certified as a true copy of tl-,e
original on Novanber 6, 2015.
RECORD OF
C0UNCILJ6IN YES j
j NO I
I NV A
A.B. C
COUNCILMAN Y
YES N
NO N
NV A
A.B.
BELLINO $'.. I
I t
tCRUDt
U
X - Indicate Vote Ali - Absent NV - Not Voting XOR - Indicates Vare to Overrule Veto
Adopted at a meeting of the Municipal Council hh,,.,Ler 5, 2015
E I BIT A
F€)Ril4 OF REDEVELOPMENT AGREEMENT