HomeMy Public PortalAboutr 18-260�Rtsolutlijan of th e �3orough of C ar erd, N. J-
No. # 1 fi -760
Date of Adoptio acai er 27, 20 18
RESOLUTION OF THE BOROUGH OF CARTERET AUTHORIZING
THE ACCEPTANCE OF TITLE OWNERSHIP OF THE
COMPLETED MUNICIPAL PARKING GARAGE FROM THE
CARTERET BUSINESS PARTNERSHIP, INC.
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 Law ", as codified in N.J.S.A. 40A:12A -1 et seq.), duly
adopted Resolution No. 06 -38 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 term 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 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 two (2) separate
lots constituting Block 6704, Lot 6.02 and Block 6704, Lot 6.03; and
WHEREAS, the Agency transferred Block 6704, Lot 6.02 (the "Parking Garage
Property") to the Carteret Business Partnership, Inc. (the "CBP ") for purposes of
constructing a parking garage; and
WHEREAS, the parking garage is now substantially complete; and
WHEREAS, the CBP desires to transfer and convey its fee title interest in the Parking
Garage Property to the Borough.
NOW, THEREFORE, BE IT RESOLVED as follows:
Section 1. The acceptance and acquisition from the CBP of the real property
known as Block 6074, Lot 6.02 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 6.02 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.
NO. #18-260 2
PAGE
Section 4. This Resolution shall take effect at the time and in the manner
prescribed by law.
Adopted this 27 day of December, 2018
and certified as a true copy of the
original on December 28, 2018.
KATHLEEN M. BARNEY, MMC
Municipal Clerk
CARMELA POGORZELSKI
Assistant Municipal Clerk
RECORD OF COUNCIL VOTE
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DW X I M
DDA= I I Hw R4=
X - Indicate Vote AB - Absent NV - Not Voting XOR - lndiCa[CN Vole to
Veto
Adopted at a meeting of the Municipal Council
!1 Dwz0DEr 27,