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HomeMy Public PortalAboutr 19-104yVt5O1Ut* U Of tht � 30roug4 o 19-104 No. Date of Adoption `hum 20, 2019 OPPOSING ASSEMBLY BILL A -4444 WHEREAS, Assembly Bill A -4444, released by the Senate and General Assembly; and WHEREAS, A -4444, establishes the "Property Tax Lien Pilot Program" and would allow eligible municipalities to acquire property tax liens at tax sale in order to facilitate revenue generation and urban revitalization opportunities within their municipalities; and WHEREAS, A -4444 in its current form "eligible municipalities," defined as those that qualify for urban aid pursuant to N.J.S.A. 52:27D -178 et seq., must first apply to the Division of Local Government Services to be designated as a "participating municipality" then bid on particular parce](s) of real estate subject to public auction if the governing body determines it would be useful for a public purpose or financially advantageous to the municipality; and WHEREAS, existing law already provides all municipalities with this optional tool without the need for a state designation; and WHEREAS, the New Jersey League of Municipalities strongly opposes A -4444 as released and has requested that all of its members to go on record similarly opposing the same. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret, County of Middlesex, State of New Jersey, as follows: That the Borough of Carteret hereby opposes Assembly Bill A -4444 and recommends the committee reconsider passing A -4444 as the existing statutes provide appropriate safeguards and public notice. 2. That a copy of this Resolution be forwarded to the New Jersey League of Municipalities, Assemblyman John McKeon, Assemblywoman Gabriela Mosquera, Senator Joseph Vitale, Assembly Speaker Craig Coughlin and Assemblywoman Yvonne Lopez. Adopted this 20 ° i day of June, 2019 and certified as a true copy of the original on June 21, 2019. KATHLEEN M. BARNEY, MMC Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A.B. COUNCILMAN YES NO NV A.B. Bl{ILuD X JAL X DIAZ X tart X DI1A= X NAPLES X X - Indicate Vote AB - Absent NV - Not Voting XOR - Indicates Vote to Overrule Veto Adopted at a meeting of the Municipal Council Jtrn 20, 2019 I C ERK